First N. Bank v. Payne & Co.'s Assignees
Supreme Court of Virginia
Appeal from decree of circuit court of Fauquier county, rendered January 11th, 1881, in a chancery suit wherein the First National Bank of Alexandria was complainant, and James Keith, surviving partner of the late firm composed of himself and Charles E. F. Payne, doing business as hankers in the name of Payne & Co., and F. T. Scott, A. D. Payne and Albert Fletcher, assignees of said firm, were defendants. The decree being adverse to the complainant, it appealed.
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Appeal from decree of circuit court of Fauquier county, rendered January 11th, 1881, in a chancery suit wherein the First National Bank of Alexandria was complainant, and James Keith, surviving partner of the late firm composed of himself and Charles E. F. Payne, doing business as hankers in the name of Payne & Co., and F. T. Scott, A. D. Payne and Albert Fletcher, assignees of said firm, were defendants. The decree being adverse to the complainant, it appealed. Opinion states the case.
1Opinion of the CourtLacy, J.
In May, 1885, the appellant company, the First National Bank of Alexandria, filed its bill against the appellees, the assignees of Payne & Co., wherein it is set forth that the said the First National Bank of Alexandria was a banking association located in the city of Alexandria, Va., which, for many years prior to the 9th day of January, 1885, had had for their correspondents a banking firm—Payne & Co.—composed of Charles E. F. Payne and James Keith, their place of business being in Warrenton, in the county of Fauquier, Va., where also were their private residences, and that the said the…
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