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STATE BANK. BD. v. PROPOSED BAYPORT BK. OF PASADENA

No. 12180.

516 S.W.2d 251 (1974)

STATE BANKING BOARD et al., Appellants, v. PROPOSED BAYPORT BANK OF PASADENA, Texas, Appellee.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied December 4, 1974.

Attorney(s) appearing for the Case

John L. Hill, Atty. Gen., John H. Banks, Asst. Atty. Gen., Austin, Thorne Dobbins, Pasadena, for appellants.

Arthur Mitchell, Mitchell & Stewart, Kirk Patterson, San Antonio, for appellee.

PHILLIPS, Chief Justice.

Appellee, the proposed Bayport Bank of Pasadena, Harris County, Texas, and its directors, made application to appellant, State Banking Board, for a charter for a bank to be located in Pasadena. This application was made pursuant to the provisions of Article 342-305, Vernon's Annotated Civil Statutes. After the hearing,1 the application was denied on the theory that there was no public necessity for such bank and...

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