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WILLIAMS v. TERAN, INC.

20149

266 S.C. 55 (1976)

221 S.E.2d 526

David D. WILLIAMS and Miga Williams, Respondents, v. TERAN, INC., et al., Defendants, of whom Grover C. Cauthen, III, and William C. Baugh, Jr., are Appellants.

Supreme Court of South Carolina.

January 20, 1976.

Attorney(s) appearing for the Case

Messrs. Jefferies, McLeod, Unger & Fraser, of Walterboro, for Appellants.

Messrs. Smoak, Howell, Bridge and Moody, of Walterboro, for Respondents.

January 20, 1976.

GREGORY, Justice:

Respondents instituted this suit to foreclose a real estate mortgage covering the Travelers Motel in Walterboro, South Carolina. The sole issue before the Court is the proper construction of a concededly ambiguous guaranty agreement executed by appellants Cauthen and Baugh. Appellants perfected this appeal from a lower court ruling in favor of respondents. We affirm.

John...

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