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CONVINGTON NAT. BANK. v. STATE BANK OF ALLEGHENIES

Record No. 780633.

249 S.E.2d 163 (1978)

COVINGTON NATIONAL BANK v. STATE BANK OF the ALLEGHENIES, State Corporation Commission and the Attorney General of Virginia.

Supreme Court of Virginia.

November 22, 1978.

Attorney(s) appearing for the Case

Howard W. Dobbins, Richmond (William A. Young, Jr., Fletcher D. Watson, Covington, Wallerstein, Goode & Dobbins, Richmond, Kostel, Watson, Carson & Snyder, Covington, on brief), for appellant.

Michael McH. Collins, Covington, William F. Schutt, Richmond (William T. Wilson, J. Gregory Mooney, Collins, Wilson, Collins & Singleton, Covington, on briefs), for appellees.

Before I'ANSON, C. J., and CARRICO, HARRISON, COCHRAN, HARMAN, POFF and COMPTON, JJ.

HARRISON, Justice.

The State Corporation Commission, pursuant to the provisions of Code § 6.1-13, granted the State Bank of the Alleghenies a certificate of authority to begin business as a state-chartered bank in the City of Covington, Virginia. The Covington National Bank, First National Bank of Clifton Forge, Mountain National Bank (Clifton Forge) and First Federal Savings and Loan Association of Clifton Forge intervened...

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