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NATIONAL GRANGE MUT. INS. CO. v. PRIOLEAU

20476

269 S.C. 161 (1977)

236 S.E.2d 808

NATIONAL GRANGE MUTUAL INSURANCE COMPANY, Respondent, v. William F. PRIOLEAU, Jr., Receiver for Consolidated Securities, Inc., Appellant.

Supreme Court of South Carolina.

August 2, 1977.

Attorney(s) appearing for the Case

Thomas Kemmerlin, Jr., of Columbia, for Appellant.

R. Bruce Shaw, of Columbia, for Respondent.

August 2, 1977.

GREGORY, Justice:

On appeal to the circuit court the trial judge overruled all exceptions and affirmed the Report of the Master In Equity which concluded that the respondent (plaintiff below) should be held and declared liable as a surety under the subject bond in a sum not to exceed $10,000 (plus interest from and after September 19, 1969) with respect to the entire effective period during which the...

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