Supreme Court of South Carolina, 1933

Ex Parte Town of Darlington

Supreme Court of South Carolina · Decided January 4, 1933 · MR. CHIEF JUSTICE BLEASE.<page_number>Page 249</page_number>

167 S.E. 412; 168 S.C. 242; 1933 S.C. LEXIS 11 (South Eastern Reporter)

Counsel

Mr. Jerome F. Pate , for appellant, cites: Where bank insolvent but still conducting business, paying check of depositor who had no notice, depositor protected: 59 F., 233; 128 Ga. 577 ; 62 S.E., 252 ; 77 S.C. 305 ; 57 S.E., 182 ; 155 S.C. 222 ; 152 S.E., 425 ; 204 P., 992; 21 A.L.R., 677. Check operates as an equitable assignment pro tanto as against drawer: 150 S.E., 137 ; 38 W. Va., 351 ; 18 S.E., 620 ; L.R.A. 1916-A, 711; 72 A.S.R., 259; 48 L.R.A., 565; 54 N.E., 946; 12 S.E., 245 . Messrs. Dargan Paulling , for respondent, cite: "Liquidate" defined . Sec. 6940, Code 1932; 133 S.C. 446 ; 131 S.E., 612 ; 2 L.R.A. (N.S.), 83; 82 P., 582; 186 Ill., 440 ; 57 N.E., 1061 ; 53 L.R.A., 232; 78 A.S.R., 294; 7 C.J., 751. One holding check or draft of bank which becomes insolvent before same is paid, not entitled to preference: 136 S.C. 511 ; 134 S.E., 510 ; 150 S.C. 25 ; 147 S.E., 653 ; 159 S.C. 374 ; 157 S.E., 78 ; 60 S.C. 122 ; 38 S.E., 453 ; 144 S.C. 147 ; 142 S.E., 239 ; 77 S.C. 305 ; 57 S.E., 182 .

Opinion of the Court

January 4, 1933. The opinion of the Court was delivered by The agreed statement of facts, and the decree of his Honor, Circuit Judge Dennis, in this case will be reported. All the exceptions are overruled, and the decree is affirmed. See the decision of this Court in the recent case of Exparte G.D. Sanders, petitioner, appellant (In re SouthCarolina Savings Bank, petitioner, In re The Liquidationof the Affairs of the Bamberg Banking Company, TheSouth Carolina Savings Bank as Receiver, respondent),167 S.E., 154.

MESSRS. JUSTICES STABLER, CARTER and BONHAM concur.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.