McMILLEN FEED MILLS, INC. OF S.C. v. MAYER

20116

265 S.C. 500 (1975)

220 S.E.2d 221

McMILLEN FEED MILLS, INC., OF SOUTH CAROLINA, Appellant, v. J. Harold MAYER and Walterboro Production Credit Association et al., Respondents. COASTAL PRODUCTION CREDIT ASSOCIATION, Respondent, v. J. Harold MAYER and Master Feed and Grain Company, Appellants.

Supreme Court of South Carolina.

November 25, 1975.


Attorney(s) appearing for the Case

Messrs. Marshall B. Williams, of Orangeburg, and Drawdy & Nicholson, of Columbia, for Appellants.

Messrs. Smoak and Smoak, of Walterboro, for Respondent.


November 25, 1975.

GREGORY, Justice:

These consolidated cases involve the priority between certain advances made pursuant to three recorded mortgages of real estate dated February 14, 1961, and a junior mortgage of real estate dated May 17, 1962. The issues were referred to the Master in Equity for Colleton County for determination and report. The Master found that Coastal's mortgages and the subsequent advances made pursuant to the future advance clauses...

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