Marston v. Rivers

December 30, 1927. The opinion of the Court was delivered by The plaintiff instituted suit in the Court of Common Pleas for Richland County for foreclosure. He alleged that he was the owner of a certain written instrument, designated a "first mortgage bond," and a mortgage of real estate executed to secure the payment thereof, made by the defendant, Rivers, to Carolina Bond Mortgage Company, which, before maturity, were indorsed and transferred to the plaintiff by the original payee and mortgagee. Standard Building Loan Association was made a party defendant on the theory that it held a…