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SOUTH CAROLINA NAT. BANK v. DARMSTADTER

Civ. A. No. 6:84-2466-14.

622 F.Supp. 226 (1985)

The SOUTH CAROLINA NATIONAL BANK, Plaintiff, v. Virginia L. DARMSTADTER, Defendant.

United States District Court, D. South Carolina, Greenville Division.

November 18, 1985.

Attorney(s) appearing for the Case

Jennings L. Graves, Jr., Love, Thornton, Arnold & Thomason, Greenville, S.C., for plaintiff.

James R. Gilreath, Greenville, S.C., for defendant.

ORDER

WILKINS, District Judge.

This matter is before the Court upon the parties' motions for summary judgment. For the reasons set forth below, the Court finds that the December 1978 loan transaction between the parties does not involve or constitute a security. Further, the Court finds that Plaintiff was not a responsible party in the transaction between Defendant and the National Railway Utilization Corporation...

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