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WHITE v. GILLIAM

Record No. 911503.

419 S.E.2d 247 (1992)

Frederick K. WHITE, et al. v. Robert L. GILLIAM, III.

Supreme Court of Virginia.

June 5, 1992.

Attorney(s) appearing for the Case

R.R. Ryder, Richmond, for appellants.

Derrick E. Rosser, Richmond (Anne-Marie Shaia Condlin, Spinella, Owings & Shaia, on brief), for appellee.

Present: All the Justices.

LACY, Justice.

In this appeal, Frederick K. and Iona Z. White (the Whites) seek reversal of the trial court's judgment that Robert L. Gilliam, III, was a holder in due course of three promissory notes executed by the Whites in favor of Westhampton Mortgage Company (Westhampton).

Between November 3, 1988 and February 6, 1989, Gilliam loaned Westhampton a total of $345,200. As security for these loans, Westhampton, by its president Sommerville Wickham, assigned...

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