Professional Bankers Corp. v. Floyd

Bell, Judge:

Professional Bankers Corporation sued Drayton Floyd as guarantor of two contracts between Bankers and International Real Estate Consultants, Inc., of which Floyd was president and a principal shareholder. Floyd set up two counterclaims in which he asserted International’s rights against Bankers. The case was tried to a jury. At the conclusion of the testimony the trial judge directed a verdict for Bankers on its claim and nonsuited both of Floyd’s counterclaims. Floyd appeals. We affirm.

International owned the Summer Sands Beach Club, a hotel in Myrtle Beach. It sold interval…