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CITIZENS NATIONAL BANK v. COMMONWEALTH

200 S.E.2d 535 (1973)

214 Va. 372

CITIZENS NATIONAL BANK et al. v. COMMONWEALTH of Virginia et al.

Supreme Court of Virginia.

November 26, 1973.

Attorney(s) appearing for the Case

John W. Riely, Guy K. Tower, Richmond (Hunton, Williams, Gay & Gibson, Richmond, on brief), for appellants.

James M. Thomson, Alexandria, for appellees.

Before SNEAD, C. J., and I'ANSON, CARRICO, HARRISON, COCHRAN, HARMAN and POFF, JJ.

HARRISON, Justice.

On July 27, 1972 the directors of a proposed bank, Stonewall Jackson Bank and Trust Company (hereinafter called New Bank), filed an application with the State Corporation Commission, pursuant to the provisions of Code § 6.1-13, for a certificate of authority to begin business in the town of Mount Jackson in Shenandoah County, Virginia. The Citizens National Bank, the Farmers Bank of Edinburg, the...

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