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PHILLIPS v. BRAZOSPORT SAVINGS & LOAN ASSOCIATION

No. A-8874.

366 S.W.2d 929 (1963)

Jimmy PHILLIPS, American Savings & Loan Association, J. M. Falkner, Banking Commissioner of Texas, et al., Petitioners, v. BRAZOSPORT SAVINGS & LOAN ASSOCIATION, Fort Bend Federal Savings & Loan Association, and Gulf Savings & Loan Association, Respondents.

Supreme Court of Texas.

Rehearing Denied May 8, 1963.

Attorney(s) appearing for the Case

Will Wilson, Atty. Gen., Bob Shannon, Asst. Atty. Gen., Clark, Thomas, Harris, Denius & Winters, Austin, for petitioners.

R. W. Lindsey, Rosenberg, Peareson, Scherer & Roberts, Richmond, McKay & Avery, Austin, for respondents.

HAMILTON, Justice.

This case involves the validity of an order of the Banking Commissioner granting a charter and certificate of authority to American Savings & Loan Association. Respondents—Brazosport Savings & Loan Association, Fort Bend Federal Savings & Loan Association and Gulf Savings & Loan Association—attacked the order in the district court; that court rendered judgment upholding the order of the Commissioner. The Court of Civil...

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