Legal Opinion
State Board of Insurance v. Petroleum Casualty Co.
Texas Supreme Court
Decided November 12, 1969No. B-1504Published
1Opinion of the Court
447 S.W.2d 666 (1969)
STATE BOARD OF INSURANCE et al., Petitioners,
v.
PETROLEUM CASUALTY COMPANY, Respondent.
No. B-1504.
Supreme Court of Texas.
November 12, 1969.
Crawford C. Martin, Atty. Gen., C. Fielding Early, Asst. Atty. Gen., Austin, for petitioner.
Frank Heard, Jr., Houston, McGinnis, Lochridge, Kilgore, Byfield, Hunter & Wilson, Lloyd Lochridge, Austin, for respondent.
STEAKLEY, Justice.
The problem here is whether the investment by Petroleum Casualty Company, Respondent, of $454,268.37 in United States Treasury bills constitutes an investment in Texas securities as contemplated by Article…
2Cases cited12 opinions
- Universal C. I. T. Credit Corp. v. DanielTexas Supreme Court · 1951
- Simmons v. ArnimTexas Supreme Court · 1920
- Brazos River Authority v. City of GrahamTexas Supreme Court · 1961
- Hilltop Village, Inc. v. Kerrville Independent School DistrictTexas Supreme Court · 1968
- Morris v. Lone Star Chapter No. 6Texas Supreme Court · 1887
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