Pace v. Shaw

This suit was brought by the banking commissioner of Texas against A. V. Pace to recover $500, being a 100 per cent, assessment levied against the owner of five certain shares of stock in the defunct State Guaranty Bank of Goose Creek, Tex. Pace answered by general denial and, in addition, impleaded W. E. Bussey, and sought recovery over against *966■him, as the real owner of the stock. Bussey denied liability to Pace. Tbe trial court rendered judgment in favor of the banking commissioner against Pace for the sum sued for, and adjudged that the latter take nothing on his cross-action against…