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ANDERSON v. MARION

21091

274 S.C. 40 (1979)

260 S.E.2d 715

James B. ANDERSON and Dorothy K. Anderson, Respondents, v. George W. MARION, Jr., Patty H. Marion, and Commodore Motels, Inc., of Conway, Defendants, of Whom George W. Marion, Jr., and Patty H. Marion are Appellants.

Supreme Court of South Carolina.

November 27, 1979.

Attorney(s) appearing for the Case

H. Buck Cutts, of Dusenbury, Hendrix & Little, Myrtle Beach, for appellants.

J. Jackson Thomas, of Stevens, Stevens & Thomas, Myrtle Beach, for respondents.

November 27, 1979.

LITTLEJOHN, Justice:

The Andersons (husband and wife), respondents, and the Marions (husband and wife), appellants, owned all of the stock in the Commodore Motels, Inc. of Conway in equal shares. The corporation was formed for the purpose of purchasing and operating motel leases in the Myrtle Beach area. On April 1, 1977, the Andersons had advanced $80,000.00 towards the purchase of certain properties. The Marions had been unable to advance...

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