Legal Opinion

Peoples Federal Savings & Loan Ass'n v. Myrtle Beach Retirement Group, Inc.

Court of Appeals of South Carolina

Decided July 2, 1990No. 1519PublishedCited by 4 opinions

1Opinion of the Court

Gardner, Judge:

Peoples Federal Savings and Loan Association and Loyola Federal Savings and Loan Association (the S&L’s) brought a foreclosure action. Deficiency judgment was not waived, the mortgaged property was sold at judicial sale for $8,300,000 and deficiency judgment of $2,880,000 was entered against the developers, Jack E. Shaw, Gary R. Craven and W.L. Williams. The developers petitioned for an appraisal of the property. A Board of Appraisers was appointed pursuant to statute. The master-in-equity confirmed the appraiser’s report. We affirm.

ISSUES

The issues presented are (1) whether…

2Cases cited5 opinions

  1. Blakeley v. RabonSupreme Court of South Carolina · 1976
  2. Nelson v. MerrittCourt of Appeals of South Carolina · 1984
  3. South Carolina National Bank v. Central Carolina Livestock Market, Inc.Supreme Court of South Carolina · 1986
  4. State ex rel. Department of Highways v. PoulanLouisiana Court of Appeal · 1964
  5. City of Cleveland v. T. V. Cable Co.Mississippi Supreme Court · 1960

3Cited by4 opinions

  1. Peoples Federal Savings & Loan Ass'n v. Resources Planning Corp.Supreme Court of South Carolina · 2004
  2. PEOPLES FEDERAL SAVINGS v. ResourcesSupreme Court of South Carolina · 2004
  3. South Carolina National Bank v. S & L Investment PartnershipCourt of Appeals of South Carolina · 1992
  4. Wilkinson v. Redd Green Investments, LLCCourt of Appeals of South Carolina · 2021

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