Legal Opinion
Grayson County State Bank v. Calvert
Court of Appeals of Texas
Decided April 18, 1962No. 10953PublishedCited by 9 opinions
1Opinion of the Court
ARCHER, Chief Justice.
The appellant, Grayson County State Bank, is incorporated under the laws of Texas, and is located at Sherman, Texas. Its principal competitor is a National bank, The Merchants & Planters National Bank of Sherman, incorporated and regulated by the National Bank Act, 12 United States Code, § 21 et seq., 12 U.S.C.A. § 21 et seq.
The State of Texas by virtue of Chapter 12, Title 122A, Revised Civil Statutes of Texas V.A.T.S. places a franchise tax with specified exceptions on every domestic and foreign corporation chartered or authorized to do business in Texas. The appellant…
2Cases cited7 opinions
- Hurt v. CooperTexas Supreme Court · 1937
- Owensboro National Bank v. OwensboroSupreme Court of the United States · 1899
- First Nat. Bank of Guthrie Center v. AndersonSupreme Court of the United States · 1926
- Druesdow v. BakerTexas Commission of Appeals · 1921
- Union Bank & Trust Co. v. PhelpsSupreme Court of the United States · 1933
2 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Bullock v. National Bancshares Corp.Texas Supreme Court · 1979
- Tarrant Appraisal District v. Colonial Country ClubCourt of Appeals of Texas · 1989
- Bank of Texas v. ChildsCourt of Appeals of Texas · 1981
- Railroad Commission v. Channel Industries Gas Co.Court of Appeals of Texas · 1989
- Bank of Texas v. ChildsCourt of Appeals of Texas · 1981
4 more not listed; retrieve them via the Exa API.