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LOMETA BANCSHARES, INC. v. POTTS

No. 03-96-00719-CV.

952 S.W.2d 631 (1997)

LOMETA BANCSHARES, INC. and A.G. Cummings, Appellants, v. Franklin POTTS and Tommy Potts, Appellees.

Court of Appeals of Texas, Austin.

September 11, 1997.

Attorney(s) appearing for the Case

Pat Beard, Beard & Kultgen, Waco, for Appellants.

David N. Deaconson, Pakis, Giotes, Beard & Page, P.C., Waco, for Appellees.

POWERS, Justice.

A.G. Cummings and Lometa Bancshares, Inc., appeal from a temporary injunction order issued by the district court in a suit brought by Franklin and Tommy Potts. We will affirm the order.

THE CONTROVERSY

Cummings owns 4,874 of the 6,927 outstanding shares of capital stock in Lometa Bancshares, Inc. ("Lometa"). He is also Lometa's president, sole director, and chairman of the board of directors. Twenty-seven other individuals own a...

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