50 S.C. 459 | S.C. | 1897
The opinion of the Court was delivered by
The defendants, W. C. Waters, J. C. Waters, and J. R. Waters, on December 9th, 1891, besides assigning their ten shares of the capital stock of the plaintiff association, executed a mortgage to plaintiff on certain real estate in the city of Florence to secure their bond given for a loan of $500. This real estate was assessed
This action was commenced April 3, 1895, to set aside the above deeds and to foreclose the said mortgage. This appeal is from a decree dismissing the complaint. The decree and exceptions thereto appear in the official report.
The judgment of the Circuit Court is reversed, and the .case remanded for further proceedings, in accordance with the principles herein announced.