Court of Appeals of Texas May 27, 1925, No. 2498. (Chapman v. Penix)

HALL, O. J.

The appellant, J. B. Cháp-man, as state commissioner of banking, filed this suit against the appellee, Penix, alleging that-on or about January 4, 1924, as such commissioner, he levied an assessment against each share of stock owned by all persons in the Guaranty State Bank of Graham on said date, and for 12 months prior thereto, the assessment being for $25,000, or 100 per cent,