Brand v. Eastland County Lumber Co.

BROOKS, Special Chief Justice.

This suit was commenced by James Shaw, as banking commissioner of Texas, in the district court of Eastland county, and is being prosecuted by his successor, E. C. Brand. Suit was filed by the bánking commissioner, alleging in his petition that Texas State Bank of Eastland had become insolvent and was closed by order of the board of directors thereof and simultaneously therewith placed in the hands of the banking commissioner for the purpose of liquidating its assets, which assets were in his hands for that purpose, including the note sued upon, being executed by…