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CROWN CENTRAL PETROLEUM CORP. v. ELMWOOD PROP.

18257

244 S.C. 588 (1964)

138 S.E.2d 38

CROWN CENTRAL PETROLEUM CORPORATION, Respondent, v. ELMWOOD PROPERTIES, Mutual Properties, Inc., United Bond and Mortgage Corporation, Perpetual Building and Loan Association of Columbia, Interstate Truck Stops, Charles F. Cooper, Claudia P. Broome and Wallace A. Perry, individually or as an Officer or Director of any of the foregoing corporate defendants; and Milledge T. Pitts, of whom Elmwood Properties and Charles F. Cooper are, Appellants.

Supreme Court of South Carolina.

September 2, 1964.

Attorney(s) appearing for the Case

Messrs. Milledge T. Pitts and Charles F. Cooper, of Columbia, for Appellants.

Messrs. Irvine F. Belser, Clinch Heyward Belser and Belser, Belser & Baker, of Columbia, for Respondent.

Messrs. Milledge T. Pitts and Charles F. Cooper, of Columbia, for Appellants, in Reply.

September 2, 1964.

BUSSEY, Justice.

For the sake of brevity, the various corporate entities which are parties to the action will be referred to simply by the first words appearing in their respective corporate names.

The respondent Crown, on January 18, 1962, instituted the present action in the Court of Common Pleas for Richland County to set aside, as allegedly fraudulent, collusive and preferential, under...

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