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BRAZOSPORT SAVINGS & LOAN ASSOCIATION v. PHILLIPS

No. 10943.

353 S.W.2d 78 (1962)

BRAZOSPORT SAVINGS & LOAN ASSOCIATION et al., Appellants, v. Jimmy PHILLIPS et al., Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied January 24, 1962.

Attorney(s) appearing for the Case

R. W. Lindsey, Rosenberg, Peareson, Scherer & Roberts, Richmond, McKay & Avery, Charlie D. Dye, Austin, for appellants.

Will Wilson, Atty. Gen., Fred Werkenthin, Asst. Atty. Gen., Clark, Thomas, Harris, Denius & Winters, Mary Joe Carroll, Austin, for appellees.

ARCHER, Chief Justice.

This is an appeal from a judgment of the District Court of Travis County, Texas, denying appellants any relief on their petition for a judgment (1) declaring the action of the Banking Commissioner in granting a charter and certificate of authority to American Savings and Loan Association to be void, (2) permanently enjoining the individual defendants from doing business under such authority and the...

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