Shaw v. Brown

This suit was instituted in the district court of Floyd county, Tex., by the appellee, W. N. Brown, against the appellant, James Shaw, as the banking commissioner of this state, to recover the sum of $3,376.20, with interest at the rate of 6 per cent, per annum, and for the foreclosure of an alleged preference lien on the funds of the Lockney State Bank in the hands of said commissioner.

The appellee alleged that the Lockney State Bank was a banking corporation under and by virtue of. the laws of Texas and during the month of January, 1925, and for many years prior thereto, had been engaged in…