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Lipscomb v. Bank of Tatum

Supreme Court of South Carolina
Jul 5, 1922
120 S.C. 147 (S.C. 1922)

Opinion

10904

July 5, 1922.

Before McIVER, J. Marlboro, October, 1921. Reversed.

Action by Lafar Lipscomb, Trustee in Bankruptcy of Hamer-Spears Co., against Bank of Tatum. From an order of reference defendant appeals.

Messrs. H.J. Riley and McColl Stevenson, for appellant, cite: Order is appealable: 36 S.C. 562; 43 S.C. 190. Jury trial proper: Code Proc. 1912, Sec. 312. Recovery of preferences regulated: 2 Loveland Bankruptcy (4th Ed.), 1061, Sec. 545; Id., 1054, Sec. 541. Legal and equitable issues must be tried in appropriate tribunals: 69 S.C. 141; 79 S.C. 473.

Mr. J.W. LeGrand, for respondent, cites: Issues were equitable: 1 Strob. Eq., 266.


July 5, 1922. The opinion of the Court was delivered by


This is an appeal by the defendant from an order of reference, with the proviso that it should be without prejudice to the defendant, to have its right to a trial by jury afterwards determined.

The action is to recover from the defendant the sum of $4,034.30. The complaint alleges that the plaintiff is entitled to recover said sum, as Trustee in Bankruptcy of the Hamer-Spears Company, bankrupt, on the ground that the payment thereof was an unlawful preference. This allegation is denied by the defendant, and it alleges that the money was received by it in payment of a note and mortgage executed and recorded more than four months prior to the insolvency of said company, and that it was for money actually loaned to the company.

It is only necessary to cite the case of Hodges v. Kohn, 67 S.C. 69; 45 S.E., 102, to show that the defendant was entitled to a trial by jury, and that there was error in granting the order of reference.

Reversed.


Summaries of

Lipscomb v. Bank of Tatum

Supreme Court of South Carolina
Jul 5, 1922
120 S.C. 147 (S.C. 1922)
Case details for

Lipscomb v. Bank of Tatum

Case Details

Full title:LIPSCOMB v. BANK OF TATUM

Court:Supreme Court of South Carolina

Date published: Jul 5, 1922

Citations

120 S.C. 147 (S.C. 1922)
112 S.E. 827

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