Gould v. Transamerican Associates
Court of Appeals of Maryland
1Opinion of the CourtPrescott, J.
The Circuit Court of Baltimore City permanently enjoined the appellants from foreclosing a second mortgage in a suit, which was instituted on account of alleged defaults with respect to the payment of state and city taxes for the year 1959, and the appellants appealed.
The appellants are mortgagees under a purchase-money second mortgage, dated January 18, 1958, as modified by a “Mortgage Modification,” dated April 27, 1959, securing the principal amount of $945,000 (the principal amount of the first mortgage was, as of December, 1958, approximately $434,000), on the property described as…
2Cases cited28 opinions
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