Shaw v. Centerfield Oil Co.

This is a suit to establish a claim of the Centerfield Oil Company, “a joint-stock association organized and operating as such under what is commonly known and called a written trustees’ agreement,” as-an unsecured, noninterest-bearing checking account and deposit in the Lometa State Bank, closed by the banking commissioner, and, as such, as payable out of the guaranty fund. The suit- was brought by Centerfield Oil Company, acting through its trustees, F. E. Bedecheck and Frank Ezzell, also by Bedecheck and two others who were stockholders in the oil company; the petition alleging:

“This suit…