Bamberg Banking Co. v. Matthews, 109 S.E. 550 (S.C. 1921). · Go Syfert
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Bamberg Banking Co. v. Matthews, 109 S.E. 550 (S.C. 1921). Cases Citing This Book View Copy Cite
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Bamberg Banking Co.
v.
Matthews Et Al.
10749.
Supreme Court of South Carolina.
Nov 4, 1921.
Published opinion
109 S.E. 550
1921 S.C. LEXIS 183
Mr. Jacob H. Moorer , for appellants, cites: Construction of deeds was wrong: 112 S.C. 563 ; 11 S.E., 702 ; 1 Civ. Code 1912, Secs. 3758, 3759; 61 S.C. 504 ; 2 Ann. Cas. 825; Ann. Cas. 1913A, 1350; 87 S.C. 7 ; 110 S.C. 418 ; 100 S.C. 226 ; 67 S.C. 130 ; 102 S.C. 361 ; 115 S.C. 42 ; 58 S.C. 231 ; 44 S.C. 483 ; 37 S.C. 355 . Mr. E.H. Henderson , for respondent, cites: Duress: 13 C.J., 396; Clark Contracts, 297. Undue influence: 13 C.J., 405; 90 S.C. 196 ; 44 S.C. 378 . Benefit to a third person, a near relative, is a valid consideration: 13 C.J., 325; 68 S.C. 378 ; 104 S.C. 222 . Bank had right to foreclose mortgages even as pledge of collateral: 31 Cyc., 829. Estoppel by conduct: 21 C.J., 1166; 27 Cyc., 1326; 113 S.C. 282 ; 97 S.C. 129 ; 64 S.C. 310 . Remainder to persons living at death of life tenant is a contingent remainder: 20 S.C. 76 ; Tiedeman Real Prop., 457; 99 S.C. 122 ; 69 S.C. 503 ; 10 S.C. 376 ; 79 S.C. 411 ; 26 S.C. 470 ; 22 S.C. 323 ; 112 S.C. 428 ; 23 R. C.L., 516; Fearne Conting. Rems., 9; 18 C.J., 308; 21 C. J., 984; 2 Leading Cases Am. Law Real Prop., 343. Fee remained in grantor until happening of contingency: Tied. Real Prop., 462; 4 Kent., 257; 1 Hilliard Real Prop., 553; 2 Lead. Cas., 347; Fearne Conting. Rems., 351, 360; 21 C.J., 993. Interests of contingent remaindermen were contingent, not vested: 99 S.C. 122 ; 69 S.C. 503 ; 79 S.C. 409 ; 74 S.C. 46 ; 30 S.C. 76 ; 16 S.C. 424 ; 23 S.C. 512 ; 22 S.C. 323 ; 23 R.A.L., 545. Remainder not to a class: Tied. Real Prop., Sec. 302. Under partition among life tenants interest of Addie centered in one tract: 30 Cyc., 181. Reversion or estate remainder, remaining in the grantor could be conveyed: 23 R.C.L., 564, 563; 74 S.C. 48 ; 10 S.C. 414 ; Rich. Eq. Cas., 263; 4 Kent, 354, 257, 511; Tied. Real Prop., Secs. 316, 636; 21 C.J., 1006; 5 C.J., 851; 21 C.J., 1920. Conveyance in fee to life tenant cut off contingent remainders: 74 S.C. 42 ; 1 Hilliard Real. Prop., 544; 4 Kent, 253; 2 Lead. Cas., 366; Tied. Real Prop., Sec. 316; 21 C.J., 1006; Fearne Conting Rems., 340; 23 R.C.L., 562. Estates merged unless contrary intention appears: 87 S.C. 49 ; 74 S.C. 50 ; 23 R.C.L., 563.
Watts.
Cited by 1 opinion  |  Published

The opinion of the Court was delivered by

Mr. Justice Watts.

This is an appeal from a decree of Judge Peurifoy. The action was for foreclosure of two mortgages. The defendants interposed a number of defenses. The exceptions are 11 in number. Exceptions 1, 2, 3, 4, 5, 6, and 7 are overruled. The appellants have failed to convince this Court that the concurring findings of master and Circuit Court are against the preponderance of the evidence.

The question to be determined, as to whether Addie Matthews owns the property in fee simple as found by the[*87] Circuit Court, or whether, as appellants contend, she has an estate for life only, and that the infant defendants, the children of Addie, are remaindermen. The deed of Amzi August, made in October, 1882, is an absolute deed, and must govern; it was duty witnessed, signed, delivered, probated, and recorded. Dower was renounced thereon; it was a perfect deed. It reserves a life estate in grantor and wife, and creates a life estate in the children, remainder in fee in the grand-children. It is a contingent remainder; the fee only remained in the grantor until the contingency happened, to wit, the birth of a grand-child-or grand-children, in any view of the case. The deed of 1908 was void, under the case of Rutledge v. Fishburne, 66 S. C., 155; 44 S. E., 564; 97 Am. St. Rep., 757. Addie did not own the fee, but only an estate for life, and her children are the remaindermen; and at her death own the land in fee, so the exceptions raising these questions, 8 and 9, are sustained. All other exceptions are overruled.

Judgment modified.