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RICHTEX CORPORATION v. PILKINGTON

21869

278 S.C. 635 (1983)

300 S.E.2d 728

RICHTEX CORPORATION, Appellant, v. Dayne S. PILKINGTON, as Executrix of the Estate of Edna Vivian Sox, Respondent.

Supreme Court of South Carolina.

March 7, 1983.

Attorney(s) appearing for the Case

Gene V. Pruet, of Nexsen, Pruet, Jacobs & Pollard, Columbia, for appellant.

J. Reese Daniel, Columbia, for respondent.

March 7, 1983.

NESS, Justice:

This is an action for specific performance of an option to purchase. The trial court, without a jury, concluded the interest should be computed on the balance remaining unpaid in each year of the agreement, and held respondent was due $26,603.19 under the contract. We disagree and reverse.

Respondent's predecessor in interest leased certain property to appellant's predecessor in interest with an option to

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