Stark v. American Nat. Bank of Beaumont

O’QUINN, Justice.

The American National Bank of Beaumont, Tex., as the duly appointed and qualified executor and trustee of the estate of W. M. Carroll, deceased, brought this suit against W. H. Stark, H. M. Har-grove & Co., Inc., and W. H. Stark, H. M. Hargrove, and Geo. A. Wells, as trustees. The petition alleged that the H. M. Har-grove & Co., Inc., was a corporation duly incorporated under the laws of the state of Texas, on June 5, 1923, with an authorized capital of $40,000, one half of which was paid in and that the other half was never paid; that on May 16, 1930, the charter of said…