Legal Opinion

National Valley Bank v. Hancock

Supreme Court of Virginia

Decided January 23, 1902PublishedCited by 15 opinions

Appeal from a decree by the Circuit Court of the city of Lynchburg, pronounced October 9, 1900, in a suit in chancery, wherein the appellant was the complainant, and the -appelleeswere the defendants.

1Opinion of the Court

Keith, P.,

delivered the opinion of the court.

It appears from the bill that the National Valley Bank of Staunton, on the 20th of December, 1894, discounted for the Traders’ Bank of Lynchburg its note for $5,000, which, after being curtailed from time to time, was renewed on the 19th of December, 1896, for $3,150, at sixty days. Along with this note certain collaterals were delivered, from which there was realized the sum of $1,150.25. Those uncollected were returned to the Traders’ Bank, and in place of them the Bank of Staunton received six no-tes as security for its debt. The collaterals…

2Cases cited7 opinions

  1. Billingsley v. ClellandWest Virginia Supreme Court · 1895
  2. Schaferman v. O'BrienCourt of Appeals of Maryland · 1868
  3. Clough v. ThompsonSupreme Court of Virginia · 1850
  4. New South Building & Loan Ass'n v. ReedSupreme Court of Virginia · 1898
  5. Norris & Co. v. JonesSupreme Court of Virginia · 1896

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3Cited by15 opinions

  1. United Zinc Companies v. HarwoodMassachusetts Supreme Judicial Court · 1914
  2. City of St. Louis v. St. Louis, Iron Mountain & Southern Railway Co.Supreme Court of Missouri · 1916
  3. Cooper v. Hillsboro Garden TractsOregon Supreme Court · 1915
  4. Mihalcoe v. HolubSupreme Court of Virginia · 1921
  5. Harris v. LyonArizona Supreme Court · 1914

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