STATE BOARD OF INSURANCE v. SOUTHWEST GEN. INS. CO.

No. 11375.

401 S.W.2d 369 (1966)

STATE BOARD OF INSURANCE et al., Appellants, v. SOUTHWEST GENERAL INSURANCE COMPANY, Appellee.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied April 13, 1966.


Attorney(s) appearing for the Case

Waggoner Carr, Atty. Gen., Hawthorne Phillips, First Asst. Atty. Gen., T. B. Wright, Executive Asst. Atty. Gen., Paul W. Phy, Ralph R. Rash, Asst. Attys. Gen., for appellants.

Kuykendall & Kuykendall, F. L. Kuykendall, Austin, for appellee.


PHILLIPS, Justice.

This is a suit for a declaratory judgment. The Southwest General Insurance Company, a Texas corporation engaged in the fire and casualty insurance business and the appellee here, brought suit against the State Board of Insurance, the State Treasurer and the Attorney General, hereinafter referred to as appellants, asking the court to declare that an investment in excess of one million dollars in shares of stock of a Delaware corporation constituted...

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