Wolf v. Maryland Trust Co.

Elizabeth J. Wolf brought suit against the Maryland Trust Company of Baltimore to recover the value of thirty shares of stock of the First National Bank of Baltimore which she had deposited with the Trust Company as collateral to the note of her husband, John C. Wolf. From a judgment for the defendant, she appeals.

In 1925, John C. Wolf borrowed from the defendant $9800, evidenced by his demand note on which was pledged as collateral stock of considerable value. In May, 1932, the amount due and owing by him was $6800 when the collateral was sold. Early in May, 1932, demand was made on John C.…