Gerst v. Adam

PHILLIPS, Justice.

This is a suit brought by appellees, B. F. Adam et al. against appellant, James O. Gerst, Savings and Loan Commissioner of Texas. The suit was filed in the District Court of Travis County, Texas, seeking to set aside an order of appellant issued on April 9, 1965 denying appellees’ application for a savings Und loan charter. Appellant’s order had been issued subsequent to a hearing held on March 10, 1965. Appellees’ appeal from the order denying the application was pursuant to the provisions of the Texas Savings and Loan Act, Article 852a, Section 2.08, R.C.S.

After a trial to…