Fort Worth Grain & Cotton Exchange v. Smith Bros. Grain Co.

We adopt appellant's statement of the nature and result of suit, which is as follows: This ease was a garnishment instituted by appellee against appellant upon a judgment previously recovered against S.W. Gladney, seeking to reach shares of stock in appellant corporation, if any, in the name of said Gladney. Appellant answered that said Gladney owned no shares of stock in appellant's corporation, which is a corporation without capital stock, but was the owner of a membership not subject to assignment or garnishment. Appellant likewise impleaded said Gladney, who set up that his membership was…