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FRONT ROYAL, ETC. v. FIRST VA. BANK, ETC.

Record No. 801957.

278 S.E.2d 853 (1981)

FRONT ROYAL SAVINGS & LOAN ASSOCIATION v. FIRST VIRGINIA BANK-SHENANDOAH VALLEY, et al.

Supreme Court of Virginia.

June 12, 1981.

Attorney(s) appearing for the Case

James M. Thomson, Charles E. Pikrallidas, Alexandria (Thomson, Pikrallidas & Schott, Alexandria, on brief), for appellant.

William F. Schutt, Richmond, Edward L. Breeden, III, Norfolk (Lewis S. Minter, Richmond, Breeden, Howard & MacMillan, Norfolk, on briefs), for appellees.

Before CARRICO, C. J., and HARRISON, COCHRAN, POFF, COMPTON, THOMPSON and STEPHENSON, JJ.

POFF, Justice.

The central question presented by the appellant in this appeal from a State Corporation Commission order granting a bank's application for a new branch is whether, in determining "public interest", the Commission gave due consideration to "possible adverse effects to existing institutions."

On October 26, 1979, First Virginia Bank-Shenandoah Valley (FVB) filed an application to establish a branch bank in Front Royal, the county seat and principal...

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