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NATIONAL BANCSHARES CORP. v. BULLOCK

No. 12750.

569 S.W.2d 584 (1978)

NATIONAL BANCSHARES CORPORATION of Texas, et al., Appellants, v. Bob BULLOCK, Comptroller of Public Accounts of the State of Texas, et al., Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied August 9, 1978.

Attorney(s) appearing for the Case

Harry M. Reasoner, Vinson & Elkins, Houston, and C. W. Wellen, Fulbright & Jaworski, Houston, for appellants Bank Holding Companies.

Willis Witt, Liddell, Sapp, Zivley & Brown, Houston, for appellant Reidy International, Inc.

John L. Hill, Atty. Gen., Gilbert J. Bernal, Jr., Asst. Atty. Gen., Austin, for appellees.

O'QUINN, Justice.

Eight bank holding companies brought this lawsuit in September of 1974 to recover in excess of $2,000,000.00 in franchise taxes paid under protest to the Comptroller of Public Accounts. Subsequently, in January of 1976, one additional bank holding company intervened, and in March of 1976 an ordinary business corporation, holder of certificates of deposit of national banking associations situated in Texas, also intervened to be allied with plaintiffs...

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