Legal Opinion

Virginia National Bank v. Virginia ex rel. State Corp. Commission

District Court, E.D. Virginia

Decided December 8, 1970No. Civ. A. No. 794-70-NPublishedCited by 6 opinions

1Opinion of the Court

MEMORANDUM

WALTER E. HOFFMAN, Chief Judge.

The General Assembly of Virginia has provided, by statute, for the establishment of branch banks under certain terms and conditions as specified under *261section 6.1-39 of the Code of Virginia 1950, et sequi. Of particular importance to the present controversy is the language of section 6.1-39 (c) which reads as follows:

“(e) Notwithstanding the limitations of the foregoing paragraphs, the State Corporation Commission may, when satisfied that public convenience and necessity will thereby be served, authorize the establishment of branch banks in cities…

2Cases cited7 opinions

  1. Kline v. Burke Construction Co.Supreme Court of the United States · 1922
  2. Prentis v. Atlantic Coast Line Co.Supreme Court of the United States · 1908
  3. Toucey v. New York Life InsuranceSupreme Court of the United States · 1941
  4. Mississippi Railroad Commission v. Illinois Central RailroadSupreme Court of the United States · 1906
  5. Brown v. Pacific Mut. Life Ins. Co.Court of Appeals for the Fourth Circuit · 1933

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3Cited by6 opinions

  1. Marc Feldman v. William C. Gardner Edward J. Hickey, Jr. v. District of Columbia Court of AppealsCourt of Appeals for the D.C. Circuit · 1981
  2. National Home Insurance v. State Corp. CommissionDistrict Court, E.D. Virginia · 1993
  3. Virginia National Bank v. Commonwealth of Virginia Ex Rel. State Corporation CommissionCourt of Appeals for the Fourth Circuit · 1971
  4. Virginia ex rel. State Corp. Commission v. CampDistrict Court, E.D. Virginia · 1971
  5. COMMONWEALTH OF VA. EX REL. STATE CORP. COM'N v. CampDistrict Court, E.D. Virginia · 1971

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