Graves Construction Co. v. Rockingham National Bank
Supreme Court of Virginia
1Opinion of the CourtPoff, J.
Graves Construction Company, Incorporated (Graves), and the School Board of Albemarle County (the Board) appeal from a judgment based upon a ruling that their interests in certain electrical supplies were subordinate to the security interest of Rockingham National Bank (the Bank). Because we believe Graves and the Board took the goods free of the Bank’s security interest, we reverse.
The material facts are not in dispute.
In May 1975, the Board contracted with Graves for the construction of a new school. Under a subcontract with Graves, Electrical Contracting Corporation (Electrical) agreed “to…
2Cases cited4 opinions
- Ellis & Meyers Lumber Co. v. HubbardSupreme Court of Virginia · 1918
- Chrysler Corp. v. Adamatic, Inc.Wisconsin Supreme Court · 1973
- Birdsong & Co. v. American Peanut Corp.Court of Appeals of Virginia · 1928
- Electric Transmission Co. v. Pennington Gap Bank, Inc.Supreme Court of Virginia · 1923
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- Ameribanc Savings Banks, F.S.B. v. Resolution Trust Corp.District Court, E.D. Virginia · 1994
- In Re WilkinsonUnited States Bankruptcy Court, E.D. Virginia · 1994
- General Motors Acceptance Corp. v. Frank Meador Leasing, Inc. (In Re Frank Meador Leasing, Inc.)United States Bankruptcy Court, W.D. Virginia · 1980