GRAYSON COUNTY STATE BANK v. CALVERT

No. 10953.

357 S.W.2d 160 (1962)

GRAYSON COUNTY STATE BANK, Appellant, v. Robert S. CALVERT et al., Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied May 9, 1962.


Attorney(s) appearing for the Case

Brown & Brown, Sherman, for appellant.

Will Wilson, Atty. Gen., Bob E. Shannon, Asst. Atty. Gen., Austin, for appellee.


ARCHER, Chief Justice.

The appellant, Grayson County State Bank, is incorporated under the laws of Texas, and is located at Sherman, Texas. Its principal competitor is a National bank, The Merchants & Planters National Bank of Sherman, incorporated and regulated by the National Bank Act, 12 United States Code, § 21 et seq., 12 U.S.C.A. § 21 et seq.

The State of Texas by virtue of Chapter 12, Title 122A, Revised Civil Statutes of Texas V.A.T.S...

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