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SWEENEY v. FIRST VIRGINIA BANK OF TIDEWATER

Record No. 800966.

299 S.E.2d 858 (1983)

Donald L. SWEENEY, et al. v. FIRST VIRGINIA BANK OF TIDEWATER.

Supreme Court of Virginia.

January 21, 1983.

Attorney(s) appearing for the Case

Girard C. Larkin, Jr., Norfolk (Stanley E. Sacks, Sacks, Sacks and Larkin, Norfolk, on brief), for appellants.

Edward L. Breeden, III, Norfolk (S. Lawrence Dumville, Breeden, Howard & MacMillan, Norfolk, on brief), for appellee.

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

COCHRAN, Justice.

The trial court entered a final order awarding judgment against Donald L. Sweeney and Shirley L. Sweeney, in favor of First Virginia Bank of Tidewater in the amount of $137,796.98, with interest, on an indemnity bond in the principal sum of $142,000, executed on December 21, 1972, by the Sweeneys. The bond secured Citizens Bank of Poquoson (the Bank), predecessor to First Virginia Bank of Tidewater, against any losses incurred by the Bank in transactions...

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