Fort Worth Grain & Cotton Exchange v. Smith Bros. Grain Co.

We adopt appellant’s statement of the nature and result of suit, which is as follows: This case was a garnishment instituted by appellee against appellant upon a judgment previously recovered against S. W. Gladney, seeking to reach shares of stock in appellant corporation, if any, in the name of said Glad-ney. Appellant answered that said Gladney owned no shares of stock in appellant’s corporation, which is a corporation without capital stock, but was the owner of a membership not subject to assignment or garnishment. Appellant likewise impleaded said Gladney, who set up that his membership…