Lewis v. Southmore Savings Association

McGEE, Justice.

Charter application was filed pursuant to the Texas Savings and Loan Act, Article 852a, Vernon’s Ann.Civ.St., under the proposed name of Modern Savings and Loan Association to be located at 3905 Spencer Highway in Pasadena. A hearing on the application was conducted by the Savings and Loan Commissioner (Commissioner) and all the necessary findings required by Article 852a were made. The application was approved and an order so entered. Respondents then appealed to the district court which rendered judgment upholding the order of the Commissioner. The Court of Civil Appeals…