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SECURITY FEDERAL SAVINGS AND LOAN ASSOC. OF AIKEN v. JOHNSON

0885

291 S.C. 381 (1987)

353 S.E.2d 707

SECURITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF AIKEN, Respondent v. Kenneth M. JOHNSON, Bonnie S. Johnson, USLife Credit Corporation, and South Carolina Tax Commission, Defendants, of whom Bonnie S. Johnson is Appellant. and USLIFE CREDIT CORPORATION, Respondent v. Kenneth M. JOHNSON, Bonnie S. Johnson, South Carolina Tax Commission, Bankers Trust of South Carolina and Security Federal Savings and Loan Association of Aiken, Defendants, of whom Bonnie S. Johnson is Appellant. Appeal of Bonnie S. JOHNSON (Two Cases)

Court of Appeals of South Carolina.

Decided February 23, 1987.

Attorney(s) appearing for the Case

Richard E. Miley, North Augusta, for appellant.

Gasper L. Toole, III, of Aiken, for Security Federal Sav. and Loan Assn.

Warren A. Kohn, Columbia, for USLife Credit Corp.

Heard Jan. 27, 1986.

Decided Feb. 23, 1987.

CURETON, Judge:

Respondent Security Federal Savings and Loan Association of Aiken (Security Federal) brought suit to foreclose a note and mortgage against property of appellant Bonnie Johnson whose signature had been forged on the instruments. The Master In Equity ruled that Johnson was equitably estopped to assert the forgery as a defense to the foreclosure suit. Johnson appeals. We reverse and remand.<...

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