Guardian Consumer Finance Corp. v. Langdeau

ARCHER, Chief Justice.

This is an appeal from a summary judgment granted by the trial court against eighteen appellants, who are corporations, sixteen of whom are operating companies in the small loan business, the other two are the parent and management organizations of the sixteen operating companies. The appellee is the current statutory liquidator *928of Home Life & Accident Insurance Company, (hereinafter called Home Life) having been placed in receivership March 14, 1956 by the 98th District Court of Travis County, and a receiver appointed.

This suit was filed on December 2, 1957 in the 98th…