Legal Opinion
Loyola Federal Savings & Loan Ass'n v. Herndon Lumber & Millwork, Inc.
Supreme Court of Virginia
Decided March 3, 1978No. Record 761348PublishedCited by 20 opinions
1Per curiam
In this creditors’ rights suit, the sole issue we decide is whether a trustee in a deed of trust was an “owner”, within the meaning of Code § 43-4, so that the failure to name such trustee, or trustees, in a memorandum for mechanic’s lien invalidated the lien.
A deed of trust on a parcel of land in Prince William County was recorded in April of 1974 from Baker and Moore General Contractors, Inc. to Max Ratner and Ronald Walutes, trustees, to secure a loan made to Baker and Moore from appellant Loyola Federal Savings and Loan Association. During subsequent construction of several homes on the…
2Cases cited1 opinion
- Wallace v. BrumbackSupreme Court of Virginia · 1941
3Cited by20 opinions
- Grant v. CommonwealthSupreme Court of Virginia · 1982
- Walt Robbins, Inc. v. Damon CorporationSupreme Court of Virginia · 1986
- Commonwealth v. Orange-Madison Cooperative Farm ServiceSupreme Court of Virginia · 1980
- PIC Construction Co. v. First Union National Bank of North CarolinaSupreme Court of Virginia · 1978
- 7-Eleven, Inc. v. Department of Environmental QualityCourt of Appeals of Virginia · 2003
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