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JORDAN v. SECURITY GROUP, INC.

No. 23817.

428 S.E.2d 705 (1993)

Robert L. JORDAN, Jordan Oil Company of North Carolina, Inc., and R.L. Jordan Oil Company, Inc. of South Carolina, Respondents, v. SECURITY GROUP, INC., Appellant.

Supreme Court of South Carolina.

Decided March 15, 1993.

Attorney(s) appearing for the Case

Marshall T. Walsh, of Gaines, Walsh & Chapin, Spartanburg, for appellant.

Matthew A. Henderson, of Henderson, Brandt & Veith, Spartanburg, for respondents.

HARWELL, Chief Justice:

Security Group, Inc. (SGI) appeals from a declaratory judgment order that construed a settlement agreement as requiring SGI to furnish financial statements to respondent Robert L. Jordan (Jordan). We reverse.

I. FACTS

Jordan and Jesse L. Bridges (Bridges) were sole shareholders of SGI, a holding company which owns a lending enterprise. Bridges and Jordan were unable to agree on the management of SGI, and in 1987 Jordan instituted...

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