Austin v. Fleming

On the 19th day of January, 1924, the First State Bank of Eastland, Tex., was closed and taken in charge by J. L. Chapman, commissioner of insurance and banking of the state of Texas. The appellee M. H. Fleming, was the owner of twenty shares of stock in the bank of the par value of $2,000. The suit upon which this appeal is predicated was brought by Charles O. Austin, the successor of J. L. Chapman as banking commissioner of Texas (the title of the office having been changed), against M. H. Fleming to enforce the statutory assessment of $2,000 against him as stockholder in the bank. The…