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BELK OF SPARTANBURG, S.C. v. THOMPSON

No. 3040.

337 S.C. 109 (1999)

522 S.E.2d 357

BELK OF SPARTANBURG, S.C., INC., Respondent, v. Carolyn T. THOMPSON and Mary E.S. Hanahan, of whom Carolyn T. Thompson, is Appellant.

Court of Appeals of South Carolina.

Decided August 30, 1999.

Attorney(s) appearing for the Case

Stephen P. Groves, Sr., Thomas S. Tisdale, Jr., and Stephen L. Brown, all of Young, Clement, Rivers & Tisdale, of Charleston; and William I. Belk, of The Belk Group; and Robert N. Burris, of Burris, McMillan, Pearce & Mayer, both of Charlotte, North Carolina, for appellant.

Benjamin A. Johnson and Stephen M. Cox, both of Robinson, Bradshaw & Hinson, of Rock Hill; and A. Ward McKeithen, of Robinson, Bradshaw & Hinson, of Charlotte, North Carolina, for respondent.

CURETON, Judge:

In this stock valuation proceeding brought pursuant to S.C.Code Ann. § 33-13-300 (1977), appellant-stockholder Carolyn T. Thompson (Thompson) appeals the trial court's valuation of her stock in respondent Belk of Spartanburg, S.C., Inc. We affirm as modified.

FACTS/PROCEDURAL HISTORY

Belk Department Store of Spartanburg, S.C., Inc. ("BDS") decided to merge with Belk's Department Store of Clinton, S.C., Incorporated. The...

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