Maywood Proviso State Bank v. York State Bank and Trust Co.

Plaintiff, Maywood Proviso State Bank, filed a complaint against defendants, York State Bank and Trust Company, as trustee under Trust number 1000 (York), and First Colonial Bankshares Corporation (First Colonial), defendant York’s holding company, for specific performance of a contract between plaintiff and defendants which provided that defendant York was to sell a branch bank facility to plaintiff. Plaintiff and defendants filed cross-motions for summary judgment. This is an appeal of the trial court’s grant of defendants’ motion for summary judgment and its denial of plaintiff’s motion…