Court of Appeals of Texas March 13, 1924, No. 1593. (Crowley v. Chapman)

HARPER, G. J.

The commissioner of banking and insurance of the state of Texas sued L. M. Crowley, and for cause of action alleged that as commissioner he closed the Breckenridge State Bank because it was insolvent, and that it was then in his hands for liquidation; that defendant was- a stockholder, owning 32 shares of its capital stock, of the par value of $100 per share, subject to be assessed