New Freedom Corp. v. Brown

New Freedom Corporation, appellant, the successful bidder at the foreclosure sale of a deed of trust covering the Emerson Hotel in Baltimore City, failed to consummate its purchase on the stated ground that the tenant in a store building on Baltimore Street adjacent to the hotel, and part of the property foreclosed, claimed the right to possession and use of the store for years to come.

New Freedom permitted the sale to be routinely ratified but after the order of ratification had become enrolled petitioned the court to set it aside and to order the return of the deposit it had made. Judge…