Legal Opinion

Meares v. Finlayson

Supreme Court of South Carolina

Decided April 16, 1902PublishedCited by 1 opinion

Before Gage, J., Chesterfield, October term, 1900. Action by Iredell Meares and P. B. Manning, receivers of Carolina Interstate Building and Loan Association, against Henry W. Finlayson. From Circuit decree in favor of plaintiffs, defendant appeals. Messrs.

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Before Gage, J., Chesterfield, October term, 1900. Action by Iredell Meares and P. B. Manning, receivers of Carolina Interstate Building and Loan Association, against Henry W. Finlayson. From Circuit decree in favor of plaintiffs, defendant appeals. Messrs. Stevenson & Matheson cite: As to applications of payments to insolvent building and loan association: 44 S. C., 128. cites: As to application of usurious interest collected: 2J S. C., m ; 30 S. C., 390; 62 S. C., 175; 58 S. C., 244; 62 S. C., 192. As to right of grantee of mortgaged' property to recover usurious interest paid by his…

1Opinion of the Court

The opinion of the Court was delivered by

Mr. Justice Jones.

Plaintiffs instituted this suit to foreclose two real estate mortgages executed to the Carolina Interstate Building and Loan Association, one by the defendant, Einlayson and the other by L- H. Eesperman, payment of which was assumed by Einlayson, who’ had purchased the mortgaged premises. The deféndant plead usury. The cause was first heard before Judge Ernest Gary, who made decree sustaining the plea of usury and ordering a reference to S. W. G. Shipp, Esq., to compute the amount due on the bonds and mortgages set forth in the…

2Cases cited2 opinions

  1. Bird v. KendallSupreme Court of South Carolina · 1901
  2. Butler v. ButlerSupreme Court of South Carolina · 1901

3Cited by1 opinion

  1. Carpenter v. LewisSupreme Court of South Carolina · 1903

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