Legal Opinion

United Carolina Bank v. Caroprop, Ltd.

Supreme Court of South Carolina

Decided June 20, 1994No. 24104PublishedCited by 10 opinions

1Opinion of the Court

Chandler, Acting Chief Justice:

We granted certiorari to review Court of Appeals’ Opinion reported at — S.C. —, 429 S.E. (2d) 197 (Ct. App. 1993).

We reverse.

FACTS

Lloyd D. Auten (Petitioner) and Atlantic Properties (Atlantic) purchased 46 acres of land from Interstate Investment Associates (Interstate). Auten and Atlantic held the property as tenants-in-common with joint and several liability on a first mortgage to Interstate.

Atlantic subsequently conveyed its one-half interest to Caroprop, Ltd. (Caroprop), subject to the lien of Interstate’s first mortgage. Thereafter, Caroprop gave a second…

2Cases cited6 opinions

  1. Walker v. Queen Insurance Co.Supreme Court of South Carolina · 1926
  2. Dedes v. StricklandSupreme Court of South Carolina · 1992
  3. Dunn v. ChapmanSupreme Court of South Carolina · 1929
  4. Jeffcoat Ex Rel. Assets of Mims v. MorrisCourt of Appeals of South Carolina · 1989
  5. United Carolina Bank v. Caroprop, Ltd.Court of Appeals of South Carolina · 1993

1 more not listed; retrieve them via the Exa API.

3Cited by10 opinions

  1. Kuznik v. Bees Ferry AssociatesCourt of Appeals of South Carolina · 2000
  2. Williams v. SandmanCourt of Appeals for the Fourth Circuit · 1999
  3. Dodge City of Spartanburg, Inc. v. JonesCourt of Appeals of South Carolina · 1995
  4. In Re HoustonUnited States Bankruptcy Court, D. South Carolina · 2009
  5. Royal Insurance Co. of America v. Reliance InsuranceDistrict Court, D. South Carolina · 2001

5 more not listed; retrieve them via the Exa API.

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