Legal Opinion

Doris I. Sandberg, Individually and on Behalf of Other Minority Stockholders v. Virginia Bankshares, Inc. First American Bankshares, Inc. Jack W. Beddow Milton L. Drewer, Jr. E. Guy Ridgely Emanuel A. Baker, Jr. Harriet F. Bradley Joel T. Broyhill Thomas B. Chamberlin Thomas P. Chisman Sidney O. Dewberry Eric W. Erdossy George W. Johnson Charles T. Lindsay, Jr. Donald R. Maxfield Linda H. Michael Milton v. Peterson Glenn W. Saunders, Jr. Charles H. Smith, Jr. Verlin W. Smith Henry A. Thomas Stephen G. Yeonas, Thomas G. Mays Dwight C. Schar, (Two Cases) Doris I. Sandberg, Individually and on Behalf of Other Minority Stockholders v. Jack W. Beddow Milton L. Drewer, Jr. E. Guy Ridgely Emanuel A. Baker, Jr. Harriet F. Bradley Joel T. Broyhill Thomas B. Chamberlin Thomas P. Chisman Sidney O. Dewberry Eric W. Erdossy George W. Johnson Charles T. Lindsay, Jr. Donald R. Maxfield Linda H. Michael Milton v. Peterson Glenn W. Saunders, Jr. Charles H. Smith, Jr. Verlin W. Smith Henry A. Thomas Stephen G. Yeonas, and Virginia Bankshares, Inc. First American Bankshares, Inc. Thomas G. Mays Dwight C. Schar, Doris I. Sandberg, Individually and on Behalf of Other Minority Stockholders v. Virginia Bankshares, Inc. First American Bankshares, Inc., and Jack W. Beddow Milton L. Drewer, Jr. E. Guy Ridgely Emanuel A. Baker, Jr. Harriet F. Bradley Joel T. Broyhill Thomas B. Chamberlin Thomas P. Chisman Sidney O. Dewberry Eric W. Erdossy George W. Johnson Charles T. Lindsay, Jr. Donald R. Maxfield Thomas G. Mays Linda H. Michael Milton v. Peterson Glenn W. Saunders, Jr. Dwight C. Schar Charles H. Smith, Jr. Verlin W. Smith Henry A. Thomas Stephen G. Yeonas, Paul H. Weinstein v. Jack W. Beddow Milton L. Drewer, Jr. E. Guy Ridgely Emanuel A. Baker, Jr. Harriet F. Bradley Joel T. Broyhill Thomas B. Chamberlin Thomas P. Chisman Sidney O. Dewberry Eric W. Erdossy George W. Johnson Charles T. Lindsay, Jr. Donald R. Maxfield Linda H. Michael Milton v. Peterson Glenn W. Saunders, Jr. Charles H. Smith, Jr. Verlin W. Smith Henry A. Thomas Stephen G. Yeonas, and Virginia Bankshares, Inc. First American Bankshares, Inc., Paul H. Weinstein v. Virginia Bankshares, Inc. First American Bankshares, Inc., and Jack W. Beddow Milton L. Drewer, Jr. E. Guy Ridgely Emanuel A. Baker, Jr. Harriet F. Bradley Joel T. Broyhill Thomas B. Chamberlin Thomas P. Chisman Sidney O. Dewberry Eric W. Erdossy George W. Johnson Charles T. Lindsay, Jr. Donald R. Maxfield Linda H. Michael Milton v. Peterson Glenn W. Saunders, Jr. Charles H. Smith, Jr. Verlin W. Smith Henry A. Thomas Stephen G. Yeonas, Paul H. Weinstein v. Virginia Bankshares, Inc. First American Bankshares, Inc. Jack W. Beddow Milton L. Drewer, Jr. E. Guy Ridgely Emanuel A. Baker, Jr. Harriet F. Bradley Joel T. Broyhill Thomas B. Chamberlin Thomas P. Chisman Sidney O. Dewberry Eric W. Erdossy George W. Johnson Charles T. Lindsay, Jr. Donald R. Maxfield Linda H. Michael Milton v. Peterson Glenn W. Saunders, Jr. Charles H. Smith, Jr. Verlin W. Smith Henry A. Thomas Stephen G. Yeonas, (Two Cases)

Court of Appeals for the First Circuit

Decided December 15, 1989No. 89-2904Published

1Opinion of the Court

891 F.2d 1112

Fed. Sec. L. Rep. P 94,810, 15 Fed.R.Serv.3d 357

Doris I. SANDBERG, individually and on behalf of other

minority stockholders, Plaintiff-Appellant,

v.

VIRGINIA BANKSHARES, INC.; First American Bankshares, Inc.;

Jack W. Beddow; Milton L. Drewer, Jr.; E. Guy Ridgely;

Emanuel A. Baker, Jr.; Harriet F. Bradley; Joel T.

Broyhill; Thomas B. Chamberlin; Thomas P. Chisman; Sidney

O. Dewberry; Eric W. Erdossy; George W. Johnson; Charles

T. Lindsay, Jr.; Donald R. Maxfield; Linda H. Michael;

Milton V. Peterson; Glenn W. Saunders, Jr.; Charles H.

Smith, Jr.; Verlin W. Smith; Henry A. Thomas; Stephen G.

2Cases cited25 opinions

  1. Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
  2. Basic Inc. v. LevinsonSupreme Court of the United States · 1988
  3. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  4. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  5. J. I. Case Co. v. BorakSupreme Court of the United States · 1964

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