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FANNEY v. VIRGINIA INVESTMENT AND MORTGAGE CORP.

107 S.E.2d 414 (1959)

200 Va. 642

Robert M. FANNEY, Jr., and Residential-Commercial Mortgage Corporation, v. VIRGINIA INVESTMENT AND MORTGAGE CORPORATION et al.

Supreme Court of Appeals of Virginia.

March 16, 1959.

Attorney(s) appearing for the Case

William C. Worthington, Norfolk (Worthington, White & Harper, Norfolk, on brief), for appellants.

William L. Parker, Norfolk, for appellees.

Before EGGLESTON, C. J., and SPRATLEY, BUCHANAN, MILLER, WHITTLE and SNEAD, JJ.

EGGLESTON, Chief Justice.

Virginia Investment and Mortgage Corporation, its officers, directors and stockholders, hereinafter referred to as the complainants, filed their bill in equity against Robert M. Fanney, Jr., and Residential-Commercial Mortgage Corporation, hereinafter referred to as the defendants, alleging that in January, 1956, "negotiations were entered into" between Fanney and certain of the complainants with a view to consolidating the businesses of...

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