Peoples Bank v. Perritt
Supreme Court of South Carolina
Affirmed. Action by the Peoples Bank of Dillon against A. J. A. Perrit, as Adm’r of W. C. Bracy, Deceased, and against Deborah Bracey. Prom judgment for plaintiff for only partial relief, the plaintiff appeals. Parts of the decree and judgment of the Court below are as follows: This is an action for foreclosure of a mortgage securing payment of a promissory note for $650, dated February 19, 1909, due January 1, 1910, and the notes given in renewal thereof.
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Affirmed. Action by the Peoples Bank of Dillon against A. J. A. Perrit, as Adm’r of W. C. Bracy, Deceased, and against Deborah Bracey. Prom judgment for plaintiff for only partial relief, the plaintiff appeals. Parts of the decree and judgment of the Court below are as follows: This is an action for foreclosure of a mortgage securing payment of a promissory note for $650, dated February 19, 1909, due January 1, 1910, and the notes given in renewal thereof. The answer alleges that the debt evidenced by the note secured is a balance due W. C. Bracy and his wife, growing out of an usurious…
1Opinion of the Court
The opinion of the Court was delivered by
Mr. Chief Justice Gary.
This Court is satisfied with the findings of fact and conclusions of law on the part of his Honor, the Circuit Judge, .in both cases herein, and does not deem it necessary to add any other reasons to those assigned by him.
Affirmed.
For discussion of question of purchase of paper at a discount as usury. See note 43 L. R. A. (N. S.) 211.
2Cited by3 opinions
- Jones v. GodwinSupreme Court of South Carolina · 1938
- Frick Co. v. TutenSupreme Court of South Carolina · 1944
- Atlantic Discount Corp. v. DriskellSupreme Court of South Carolina · 1962