Citizens Bank of Bryan v. First State Bank

580 S.W.2d 344 (1979)

CITIZENS BANK OF BRYAN et al., Petitioners,

v.

FIRST STATE BANK, HEARNE, Texas et al., Respondents.

No. B-7897.

Supreme Court of Texas.

April 18, 1979.

Rehearing Denied May 16, 1979.

Larry Temple, Austin, for petitioners.

Smith & Lamm, T. D. Smith, Houston, Mark White, Atty. Gen., Thomas A. Rutledge, Asst. Atty. Gen., Austin, for respondents.

STEAKLEY, Justice.

The First State Bank of Hearne was chartered by the State Banking Board in 1957, with its domicile in Hearne, Robertson County, Texas. Under date of May 17, 1976, the Bank applied for an amendment of its Articles of…