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UNIVERSITY OF S.C. v. ELLIOTT

18537

248 S.C. 218 (1966)

149 S.E.2d 433

UNIVERSITY OF SOUTH CAROLINA, Petitioner-Respondent, v. Thomas E. ELLIOTT, Treasurer of Richland County, Appellant.

Supreme Court of South Carolina.

July 20, 1966.

Attorney(s) appearing for the Case

Joseph D. Sapp, Esq., County Attorney, of Columbia, for Appellant.

Messrs. Daniel R. McLeod, Attorney General, and Joseph C. Coleman, Assistant Attorney General, of Columbia, for Respondent.

July 20, 1966.

BUSSEY, Justice.

The respondent, University of South Carolina, in June 1964 commenced an eminent domain proceeding in Richland County and, in the course thereof, deposited with the Clerk of Court of Richland County the sum of $140,000, pursuant to the provision of Section 25-109 of the 1962 Code of Laws. The Clerk of Court, although not required to do so, deposited said sum of money in one or more savings and loan associations, where it earned...

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