Legal Opinion

American National Bank v. Ames

Supreme Court of Virginia

Decided January 13, 1938PublishedCited by 21 opinions

1Opinion of the CourtEggleston, J.

Prior to July 9, 1929, The First National Bank of Portsmouth, Virginia, was in a normal and healthy condition. It had, on the preceding April 15, been examined by a national bank examiner, whose report showed it to have total resources of $3,347,288.06, deposits of $2,211,560.63, a paid-up capital of $300,000, a surplus of $100,000, undivided profits of $45,480.74, and reserves of $46,800. Out of a total of loans and discounts, amounting to $2,160,388.06, the examiner classified only $32,523.80 as a loss, and by July 9, $27,892.80 of these had been charged off.

Between April 15 and July 15,…

2Cases cited30 opinions

  1. Richmond v. IronsSupreme Court of the United States · 1887
  2. Ames v. American National BankSupreme Court of Virginia · 1934
  3. Bank of Bethel v. Pahquioque BankSupreme Court of the United States · 1872
  4. Hayes v. Massachusetts Mutual Life InsuranceIllinois Supreme Court · 1888
  5. Wilson v. Carpenter's Adm'rSupreme Court of Virginia · 1895

25 more not listed; retrieve them via the Exa API.

3Cited by21 opinions

  1. A/s J. Ludwig Mowinckles Rederi v. Tidewater Construction Corporation, Lone Star Industries, Inc. v. Gearbulk, Ltd.Court of Appeals for the Fourth Circuit · 1977
  2. Allied Productions, Inc. v. DuesterdickSupreme Court of Virginia · 1977
  3. Walter E. Heller & Company v. AllenCourt of Appeals of Texas · 1967
  4. Hartzell Fan, Inc. v. Waco, Inc.Supreme Court of Virginia · 1998
  5. State Farm Mutual Automobile Insurance v. PedersonSupreme Court of Virginia · 1947

16 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API