Austin v. Freestone County

Suit by Freestone county against the First State Bank of Teague, C. O. Austin, as banking commissioner, and the Federal Reserve. Bank of Dallas, as defendants. The object of the suit was to recover certain United States bonds, or foreclose a lien on same, which were alleged to be in the possession of the Federal Reserve Bank, and which the Teague bank and banking commissioner were claiming free from any claim, right, or lien of plaintiff. Trial was had before the court without a jury, resulting in a judgment awarding to appellee, Freestone county, the title and possession of said bonds; hence…