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ACTION MORTGAGE CORP. v. VAN DEUSEN

0862

291 S.C. 208 (1987)

352 S.E.2d 711

ACTION MORTGAGE CORPORATION, Appellant v. Donald E. VAN DEUSEN and Greater Greenville Homes and Sentry Indemnity Company, of whom Sentry Indemnity Company is Respondent.

Court of Appeals of South Carolina.

Decided January 19, 1987.

Attorney(s) appearing for the Case

Barney O. Smith, Jr. and Rita M. McKinney, of Smith & McKinney, Greenville, for appellant.

Richard M. Kennedy, III, Columbia, for respondent.

Heard Nov. 11, 1986.

Decided Jan. 19, 1987.

GOOLSBY, Judge:

In this action for breach of contract accompanied by a fraudulent act brought by the appellant Action Mortgage Corporation against the defendants Donald E. Van Deusen and Greater Greenville Homes and the respondent Sentry Indemnity Company, the dispositive issue is whether an action may be maintained by a lending institution against a surety on a...

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