Mercantile-Safe Deposit & Trust Co. v. Delp & Chapel Concrete & Construction Co.

This appeal arises from a suit brought by appellees, Delp and Chapel Concrete and Construction Company (hereinafter D & C), a Maryland corporation, Andrew V. Caldwell, Jr., D & C’s trustee in receivership, R. John Chapel, Virginia Chapel, Logan Delp and Eulalia Delp, against appellant, Mercantile-Safe Deposit and Trust Company (hereinafter Mercantile). D & C’s declaration contained three counts. In Count One D & C sought recovery for Mercantile’s alleged wrongful dishonor of twelve checks drawn on D & C’s checking account with Mercantile. In Count Two the corporation and the individuals…