Peoples Savings & Loan Ass'n of Llano v. Community Savings & Loan Ass'n

O’QUINN, Justice.

This case had its origin in an appeal to district court by Community Savings and Loan Association of Fredericksburg from an order of the Savings and Loan Commissioner of Texas denying its application for a branch office in Llano.

A competing application for charter to operate a savings and loan association in Llano, made by H. L. Buttery and others, had been considered also by the Commissioner and had been denied in a separate order on the same date Community’s application for a branch office was refused. Buttery and associates proposed to call their organization Peoples…