Demas v. Convention Motor Inns

Ness, Justice:

The plaintiffs William N. Demas, et al. instituted this foreclosure action against the defendants Convention Motor Inns, a South Carolina general partnership, and the individual partners. Other parties were joined as defendants due to their interests in the property; but, they are neither involved in nor affected by this appeal and we need not discuss their entanglement. The action arises out of a construction mortgage in the principal sum of five million dollars together with a substantial amount of interest.

The master’s findings can be capsuled as follows:(1) the contracted…