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McLEAN BANK v. NELSON

Record No. 830888.

350 S.E.2d 651 (1986)

The McLEAN BANK v. Donald E. NELSON, Administrator c.t.a. d.b.n. of the Estate of Coleman C. Gore, et al.

Supreme Court of Virginia.

November 26, 1986.

Attorney(s) appearing for the Case

Stephen C. Price (Perkins, Price & Zimmerman, Leesburg, on briefs), for appellant.

James H. Chamblin, Leesburg, Alexander H. Slaughter, Richmond, (Robert E. Stroud, Charlottesville, Gregory B. Nevers, Richmond, Powell L. Duggan, Warrenton, Nalls, Chamblin & Chapman, Leesburg, McGuire, Woods & Battle, Richmond, Martin & Walker, P.C., Warrenton, on briefs), for appellees, Walter A. Radius and Howard P. Walker.

No brief or argument for appellee, Donald E. Nelson, Adm'r, etc.

Present: All the Justices.

THOMAS, Justice.

This appeal involves a suit on what purported to be a corporate note. The corporation, Isle of Eden, Incorporated (Isle of Eden), had been automatically dissolved, pursuant to statute, before the note was executed. The business entity was not reinstated as a corporation until after the note was executed. McLean Bank (Bank), the holder of the note, attempted to impose personal liability upon the stockholders...

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