Foland v. Hoffman

Frederick C. Castle was a wholesale dealer in butter, eggs and produce. Louis L. Foland was a retail dealer . in those products and was extended credit by Castle. He was indebted to Castle, on open account, in the sum of $3,200. Castle apparently was anxious about this account and evidently wanted the same secured. Foland and his wife, Reba, owned a property, subject to a ground rent, situate in Baltimore City. On May 18, 1934, Louis Foland and his wife signed a note, under seal, to the order of Frederick C. Castle, for $3,200. The note was a printed form and, among other provisions,…