SECURITY BANK & TRUST CO. v. SCHOOLFIELD BANK & T. CO.


158 S.E.2d 743 (1968)

208 Va. 458

SECURITY BANK AND TRUST COMPANY et al. v. SCHOOLFIELD BANK AND TRUST COMPANY et al.

Supreme Court of Appeals of Virginia.

January 15, 1968.


Attorney(s) appearing for the Case

C. Stuart Wheatley, Danville, David J. Mays, Richmond, (Rutledge C. Clement, Danville, Clement, Wheatley, Winston & Craig, Danville, Mays, Valentine, Davenport & Moore, Richmond, on brief), for appellants.

George B. Anderson, Danville, Waldo G. Miles, Bristol, D. Gardiner Tyler, Asst. Atty. Gen., (William E. Anderson, Danville, Robert Y. Button, Atty. Gen., on brief), for appellees.

Before EGGLESTON, C. J., and BUCHANAN, SNEAD, I'ANSON, CARRICO, GORDON, and HARRISON, JJ.


I'ANSON, Justice.

On June 20, 1966, Schoolfield Bank and Trust Company, hereinafter called Schoolfield, filed an application with the State Corporation Commission, pursuant to the provisions of § 6.1-39(a), Code of 1950, as amended, 1966 Repl. Vol., for authority to establish a branch at the northeast corner of Patton and Ridge streets in the city of Danville.

Security Bank and Trust Company, Virginia Bank and Trust Company, First State Bank, Mutual Savings...

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