Chapman v. Southwest Nat. Bank of Dallas

Statement.

STANFORD, J.

This suit was instituted by appellee, the Southwest National Bank of Dallas, against J. L. Chapman, banking commissioner of Texas, and the state banking board, composed of W. A. Keeling, Attorney General, C. V. Terrell, state treasurer, and J. D. Chapman, banking commissioner. As -grounds for recovery, appellee alleged, in substance :

That the Guaranty State Bank of Cleburne was incorporated under the laws of Texas as a state bank, and elected to operate under the depositors’ guaranty fund plan. That on the morning of the 4th day of April, 1923, the said J. L. Chapman,…