Security National Bank & Trust Co. v. First W. Va. Bancorp., Inc.

Harshbarger, Chief Justice:

Security National Bank & Trust Co. and Half Dollar Trust and Savings Bank obtained a declaration from the Circuit Court of Ohio County finding First West Virginia B ancorp. Inc., a multibank holding company, in violation of W. Va. Code, 31A-8-12(b), and ordering:

“defendant, First West Virginia Bancorp, Inc., a corporation, shall divest itself of all of the shares which it owns in either of the defendant banks, First West Virginia Bank, N.A.-Community or First West Virginia Bank, N.A. — Warwood, or, in the alternative, shall divest itself of seventy-five (75) per…