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STATE v. LIQUIDATING TRUSTEES OF REPUBLIC PETRO. CO.

No. B-4210.

510 S.W.2d 311 (1974)

The STATE of Texas, Petitioner, v. LIQUIDATING TRUSTEES OF REPUBLIC PETROLEUM COMPANY et al., Respondents.

Supreme Court of Texas.

Rehearing Denied June 19, 1974.

Attorney(s) appearing for the Case

John L. Hill, Atty. Gen., Roland Allen, Asst. Atty. Gen., Austin, for petitioner.

Kilgore & Kilgore, James A. Kilgore, Dallas, for respondents.

DANIEL, Justice.

This is an action by the State of Texas under Article 3272a to recover on behalf of the State Treasurer the custody of dividends held in a Dallas bank by the liquidating trustees of Republic Petroleum Company, a defunct corporation.1 The company, had been organized under the laws of New Mexico, and was dissolved in that State in 1949. At the time this suit was filed, the surviving...

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