Gerst v. Guardian Savings and Loan Association

GREENHILL, Justice.

This case arose from competing applications filed with the Savings and Loan Commissioner of Texas for the establishment of facilities at the same intersection in Richardson, Texas. Guardian Savings and Loan Association, respondent here, filed the first application. An hour later, Richardson Savings and Loan Association filed its application. The Commissioner granted Richardson’s application, but refused to grant the first-filed application of Guardian. On appeal to the district court, the order denying Guardian’s application was set aside as having no support in substantial…