Union Trust Co. v. Harrisons' Nurseries, Inc.

This is an appeal from a decree of the Circuit Court for Worcester County in equity, and it is the second time this case has been before this court.

On December 2, 1929, Harrisons’ Nurseries, Inc., appellee here, executed a deed of trust to the Union Trust Company of Maryland, a corporation, trustee, appellant here, to. secure an issue of not over $200,000 of 6 per cent, first mortgage honds. At the time the deed of trust was executed, the appellee was indebted to the Union Trust Company of Maryland, as a banking institution, in the amount of approximately $85,900 and to other creditors in the…