Case Name: NATIONAL BANK OF COMMERCE OF NORFOLK v. MUNN
Court: Supreme Court of South Carolina
Jurisdiction: South Carolina
Decision Date: 1926-01-28
Citations: 134 S.C. 297
Docket Number: 11907
Parties: NATIONAL BANK OF COMMERCE OF NORFOLK v. MUNN
Judges: Mr. Justice Cothran and Messrs. Acting Associate Justices J. H. Marion and R. O. Purdy concur in result.
Reporter: South Carolina Reports
Volume: 134
Pages: 297–305

Head Matter:
11907
NATIONAL BANK OF COMMERCE OF NORFOLK v. MUNN
(131 S. E., 432)
Messrs. Miller & Lawson, for appellant,
Messrs. Willcox & Hardee, for respondent,
January 28, 1926.

Opinion:
The opinion of the Court was delivered by
Mr. Justice Watts.
This is an appeal from a decree of Judge Featherstone. His decree will be reported for a proper understanding of the case. The- exceptions, seven in number, challenge the correctness of his Honor's rulings.
The appellant's counsel at the hearing conceded that, if the note and mortgage involved in the suit were not indivisible, the position of the appellant was untenable.
The note and mortgage are divisible and not indivisible. The evidence satisfies us that the note came into possession of the respondent before maturity for value and without notice. The purchase of the note carried with it the mortgage.
The testimony of the bank officers is unco'ntradicted. They were not cross-examined. Their evidence shows that the note was purchased before maturity for value and without notice, and that the bank innocently holds the same.
All exceptions are overruled, and judgment affirmed.
Mr. Justice Cothran and Messrs. Acting Associate Justices J. H. Marion and R. O. Purdy concur in result.
Mr. Chiee Justice Gary did not participate.