Lambert v. Barker
Supreme Court of Virginia
1Opinion of the CourtCochran, J.
The central question in this appeal is whether payment by the obligors of a note to a party not in possession of the note discharged the obligation of the makers and precluded recovery on the note by the party in possession.
The facts surrounding the underlying transactions are substantially undisputed. In May 1978, William K. Barker and Barbara R. Barker acquired from Robert O. Davis, Jr., property located at 2610 Monument Avenue, Richmond. As part of the consideration for their purchase, the Barkers executed a note, secured by a second deed of trust on the property, in the principal amount…
2Cases cited6 opinions
- American Security & Trust Co. v. John J. Juliano, Inc.Supreme Court of Virginia · 1962
- Becker v. National Bank and Trust Co.Supreme Court of Virginia · 1981
- Caballero v. WilkinsonSupreme Court of Louisiana · 1979
- Levin v. Virginia National BankSupreme Court of Virginia · 1980
- Champion International Corp. v. Union National BankCourt of Appeals of North Carolina · 1985
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3Cited by6 opinions
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- Ajaoudi v. C. W. Cobb & Assoc., Inc.Fairfax County Circuit Court · 1994
- M & I Marshall & Ilsley Bank v. National Financial Services Corp.District Court, E.D. Wisconsin · 1989
1 more not listed; retrieve them via the Exa API.