Shaw v. First State Bank of Iowa Park

This suit was instituted by C. O. Austin, commissioner of banking and insurance of the state of Texas, who was later succeeded in office by appellant, James Shaw, and the appeal herein is from a judgment of the district court, denying an application for a writ of mandamus, peremptorily commanding the First State Bank of Iowa Park to transfer upon its books 25 shares of its capital stock, of the par value of $100, that had been issued to one H. L. Holbrook on September 8, 1921, and which had been pledged by Holbrook to the Security State Bank of Fort Worth on October 20, 1922, to secure an…