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DAY v. STATE

No. 11988.

489 S.W.2d 368 (1972)

James C. DAY et al., Appellants, v. The STATE of Texas, Appellee.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied January 24, 1973.

Attorney(s) appearing for the Case

John Gano, Jamail & Gano, Houston, for appellants.

Crawford C. Martin, Atty. Gen., John H. Banks, Asst. Atty. Gen., Austin, for appellee.

JOHN C. PHILLIPS, Chief Justice.

The State of Texas brought this suit against James C. Day, The Day Trust, Credit Factoring, Inc., James Wohlenaus, Shearn Moody, Empire Life Insurance Company of America, and W. L. Moody & Company, Bankers, Unincorporated.

The State's suit consisted of a proceeding in the nature of quo warranto seeking to cancel Empire Life Insurance Company's and Credit Factoring's Corporate Charters and Certificates of Authority on grounds...

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