Panamerican Consulting Co. v. Broun

The use of Maryland since colonial times as a base for international economic adventure is reflected in this appeal, which comes to us through one of the most technical of procedural actions. 1 The facts in this case are, to a certain point, virtually undisputed. We shall first set forth these facts; then the testimony as to certain transactions which occurred thereafter; then the nature of this litigation and the decision of the court below; and, finally, our determination of the legal issues involved.

I

In 1955, Olney Broun, then a resident of Mississippi, and Frank N. Hillis, a Maryland…