Holly Hill Lumber Co., Inc. v. McCoy

The opinion of the Court was delivered by

Mr. Associate Justice Eishburne:

This is a suit for specific performance of an executory contract — an option — to convey land, in which there was a decree for the plaintiff. Defendant appeals.

On July IS, 1941, the defendant, Addison E. McCoy, executed and delivered to the plaintiff, a corporation, an option based upon a valuable consideration, wherein he agreed to sell to the plaintiff a tract of land containing 560 acres, more or less, situated on Four Hole Swamp in Orange-burg County, for the purchase price of ,$10,000.00. The option was to be…