PEOPLES NAT. BK. OF GREENVILLE v. PEDEN

17141

229 S.C. 167 (1956)

92 S.E.2d 163

PEOPLES NATIONAL BANK OF GREENVILLE, South Carolina, Trustee, Respondent, v. T.K. PEDEN ET AL., of whom M.M. Guest and Ora Mae Hollingsworth are Appellants.

Supreme Court of South Carolina.

April 4, 1956.


Attorney(s) appearing for the Case

Messrs. P. Bradley Morrah, Jr. and Frank G. Carpenter, of Greenville, for Appellants, W.M. Guest and Ora Mae Hollingsworth.

Messrs. J.A. Henry, of Greenville, for Defendant-Respondent, Mrs. Pearl Richardson, and Wyche, Burgess & Wyche, of Greenville, for Defendants-Respondents, T.K. Peden, Individually and as Executor and Trustee: T.K. Peden, Jr., William Elliott Peden and Raymond Thomas Peden.

Leatherwood, Walker, Todd & Mann, of Greenville, for Plaintiff-Respondent.


April 4, 1956.

MOSS, Justice.

On February 23, 1953, Bessie B. Mahaffey executed an inter vivos trust indenture in favor of the Peoples National Bank of Greenville, South Carolina, as trustee. Simultaneously therewith she transferred to the trustee certain cash and securities of considerable value. On the same day, Bessie B. Mahaffey also executed in favor of the trustee her warranty deed conveying certain real...

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