Manning v. Wieser

REAVLEY, Justice.

When the trial court refused to enjoin defendants from transferring bank stock during the pendency of the lawsuit, plaintiffs appealed. The court of civil appeals reversed and directed the trial court to issue the temporary injunction. 469 S.W.2d 805. Finding no abuse of discretion on the part of the trial court, we reverse the judgment of the court of civil appeals.

The parties are all stockholders in the Perry National Bank, Hamilton, Texas. Vincent M. Wieser contends that he, W. O. Manning, G. B. Golightly and others contracted in 1960 that none of them would sell his bank…