Chap. 398.—An ACT to authorize the beneficial equitable owner of a claim or
chose in action, for the enforcement of which a court of equity has jurisdic-
tion, to maintain a suit in equity, either in the name of the holder of the legal
title for his benefit or in his own name.
Approved February 19, 1898,
1. Be it enacted by the general assembly of Virginia, That when the
legal title to any claim, or chose in action, for the enforcement of the
collection of which a court of equity has jurisdiction, 1S In one person
and the beneficial equitable title thereto is in another, the latter may
either maintain a suit in the name of the bolder of the legal title for his
use and benefit or in his own name, to enforce collection of the same.
In either case, the beneficial equitable owner shall be deemed the real
plaintiff, and shall be alone liable for costs.
2. This act shall apply to suits now pending and to such as may be
hereafter brought, and shall be in force from its passage.