Aldrich v. Old Point National Bank

By Judge J. Michael Gamble

I am writing this opinion letter to rule on the Demurrer and Motion to Dismiss which has been filed by the Defendant. Prior to ruling on this Demurrer and Motion, I have reviewed the briefs and considered the oral arguments which have been presented.

This case arises out of a banking relationship between Old Point National Bank of Phoebus (“OPNB” or “Bank”) and a Virginia General Partnership known as Alson, Ltd., in which James Aldrich and Jeffrey Aldrich were general partners. Alson owned land and buildings at 32 E. Queen’s Way, Hampton, Virginia.

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