Virginia Bankers Ass'n v. Harrisonburg Loan & Thrift Corp.

An appeal of right was awarded Virginia Bankers Association, a corporation, from the entry of an order by the State Corporation Commission, whereby it was determined, among other things, by a majority of the Commission that Harrisonburg Loan & Thrift Corporation, an industrial loan company, hereinafter called Harrisonburg, may advertise that it is a member of the Virginia and American Industrial Bankers Associations without violating the provisions of § 6-251 of the Code, as amended.

Section 6-251, which relates to industrial loan associations, was amended by the 1960 General Assembly (c.64)…