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GUARDIAN FIDELITY CORP. v. FIRST SOUTH SAV. BANK

1249

297 S.C. 63 (1988)

374 S.E.2d 690

GUARDIAN FIDELITY CORPORATION, Appellant v. FIRST SOUTH SAVINGS BANK, Respondent.

Court of Appeals of South Carolina.

Decided November 28, 1988.

Attorney(s) appearing for the Case

Edward M. Woodward Jr., of Woodward, Leventis, Unger, Ormand & Herndon, Columbia, for appellant.

Robert W. Buffington, of Sinkler & Boyd, Columbia, for respondent.

Heard Oct. 19, 1988.

Decided Nov. 28, 1988.

LITTLEJOHN, Judge:

This action was commenced by Plaintiff Guardian Fidelity Corporation, Appellant, a lending institution, against Defendant First South Savings Bank, Respondent, to recover $ 5,000 plus interest allegedly due because First South did not honor James L. Felder's assignment of a certificate of deposit in favor of Guardian. The Answer of First South alleges...

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