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PEOPLES BK. OF BEAUFORT v. EXCHANGE REALTY

21033

273 S.C. 537 (1979)

257 S.E.2d 733

PEOPLES BANK OF BEAUFORT, SOUTH CAROLINA, Appellant, v. EXCHANGE REALTY, INC., M.P. Martin, Jr., and Jimmy Martin Realty, Inc., of which Jimmy Martin Realty, Inc., is the Respondent.

Supreme Court of South Carolina.

August 20, 1979.

Attorney(s) appearing for the Case

J. Thomas Mikell of Harvey, Battey, Macloskie & Bethea, Beaufort, for appellant.

Jonathan R. Hendrix of Walker, Hendrix & Williams, Lexington, for respondent.

August 20, 1979.

LITTLEJOHN, Justice:

The Court of Common Pleas for Beaufort County entered an order vacating a judgment obtained by the plaintiff Bank against Jimmy Martin Realty, Inc. on the ground that the court which granted the judgment was without jurisdiction. The plaintiff Bank has appealed. We reverse, and hold that Martin cannot now reopen the judgment.

The judgment was obtained because two notes, executed on July 1, 1973, were not paid when...

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