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STATE BANKING BD. v. FIRST STATE BANK

No. 13349.

618 S.W.2d 905 (1981)

STATE BANKING BOARD, et al., Appellants, v. FIRST STATE BANK OF GAINESVILLE, et al., Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied July 29, 1981.

Attorney(s) appearing for the Case

Mark White, Atty. Gen., Patrick Lanier, Asst. Atty. Gen., Larry Temple, Austin, for appellants.

Conrad P. Werkenthin, Gary Evatt, Clark, Thomas, Winters & Shapiro, Austin, for appellees.

ON MOTION FOR REHEARING

PHILLIPS, Chief Justice.

We withdraw the opinion of April 15, 1981, and substitute the following opinion.

This is a suit for judicial review of the order of the State Banking Board approving the charter application for the proposed North Texas Bank and Trust to be located in Gainesville, Cooke County, Texas. The trial court invalidated the order and appellants have perfected their appeal to this Court.

We reverse the...

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