Legal Opinion
Roe v. Citizens National Bank
Court of Special Appeals of Maryland
Decided June 9, 1976No. 1063 September Term, 1975PublishedCited by 9 opinions
1Opinion of the CourtLowe, J.
The issue at the root of this controversy appears deceptively simple. It is, in essence, whether fewer than all of the joint obligors of a loan guarantee may be released, leaving the unreleased obligors responsible for the unpaid portion of the loan.
The record shows that the Levys 1 and the Roes 2 jointly and severally executed a guarantee to The Citizens National Bank, covering up to $200,000.00 of a $326,820.07 loan made to Apollo Therma Products, Inc. by that bank. The corporation defaulted. The bank filed a declaration suing the Roes upon their guarantee obligation, and simultaneously…
2Cases cited11 opinions
- Shriver v. Carlin & Fulton Co.Court of Appeals of Maryland · 1928
- Wheaton Triangle Lanes, Inc. v. RinaldiCourt of Appeals of Maryland · 1964
- Ingersoll v. MartinCourt of Appeals of Maryland · 1882
- Washington Booth v. CampbellCourt of Appeals of Maryland · 1860
- Valley Savings Bank v. MercerCourt of Appeals of Maryland · 1903
6 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Federal Land Bank of Baltimore, Inc. v. EshamCourt of Special Appeals of Maryland · 1979
- Mathis v. HargroveCourt of Special Appeals of Maryland · 2005
- Seafirst Center Ltd. Partnership v. EricksonWashington Supreme Court · 1995
- Allen v. YatesDistrict of Columbia Court of Appeals · 2005
- Chicago Title Insurance v. Lumbermen's Mutual Casualty Co.Court of Special Appeals of Maryland · 1998
4 more not listed; retrieve them via the Exa API.