GALAX SAV. AND LOAN ASS'N v. GOAD

Record No. 810864.

309 S.E.2d 312 (1983)

GALAX SAVINGS AND LOAN ASSOCIATION v. Robert E. GOAD, et al.

Supreme Court of Virginia.

December 2, 1983.


Attorney(s) appearing for the Case

Raleigh M. Cooley, Hillsville, L. Harvey Neff, Jr., Galax, for appellant.

W.H. Jolly, Roanoke (Jolly, Place, Fralin & Prillaman, P.C., Roanoke, on brief), for appellees.

Before CARRICO, C.J., and COCHRAN, POFF, COMPTON, STEPHENSON, RUSSELL and THOMAS, JJ.


COMPTON, Justice.

In this banking controversy, a savings and loan association seeks to recover from two of its customers the sum the savings and loan was forced to pay a holder in due course as the result of a stop-order.

The Bank of Hendersonville, located in Hendersonville, Tennessee, filed a motion for judgment in the trial court against appellant Galax Savings and Loan Association seeking to recover, on a check, the amount of $3,995.00. The Galax Savings...

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