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W.N. LESLIE, INC. v. TRAVELERS INC. CO.

20022

264 S.C. 408 (1975)

215 S.E.2d 448

W. N. LESLIE, INC., Respondent, v. The TRAVELERS INSURANCE COMPANY, a successor to the Phoenix Insurance Company, Appellant.

Supreme Court of South Carolina.

May 29, 1975.

Attorney(s) appearing for the Case

Messrs. Love, Thornton, Arnold & Thomason, of Greenville, for Respondent.

Messrs. Haynsworth, Perry, Bryant, Marion & Johnstone, of Greenville, for Appellant.

Messrs. Haynsworth, Perry, Bryant, Marion & Johnstone, of Greenville, for Appellant, in Reply.

May 29, 1975.

BUSSEY, Justice:

This is an action on a liability insurance contract issued by The Phoenix Insurance Company to W.N. Leslie, Inc., the appellant Travelers Insurance Company being a successor in interest to Phoenix, and having assumed the liability of that company under the policy issued to Leslie. The said W.N. Leslie, Inc., is a family corporation, Mr. W.N. Leslie being the principal stockholder thereof, which corporation is hereafter referred...

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