Welch v. Edisto Realty Co.

The opinion of the Court was delivered by

Mr. Justice Bonham:.

Aubrey R. Welch sold to Edisto Realty Company a tract of land on James Island in the County of Charleston, and in close proximity to the City of Charleston, the purchase price of which was secured, in part, by bonds now held by Aubrey R. Welch, and a mortgage of the premises to Mrs. Wilhelmina K. Welch, as trustee. The Edisto Realty Company had bought the property for the purpose of development and sale. It conceived the plan of interesting the City Council of Charleston in building a municipal golf course on a part of the land so…