Baltimore Trust Co. v. Canton Corn Products Co.
Court of Appeals of Maryland
Appeal from the Circuit Court No; 2 of Baltimore City (Stump, J.). Proceeding by the Baltimore Trust Company, Trustee, against the Canton Com Products Company, for the sale of certain property under a mortgage. From an order sustaining the exceptions of Morris Schapiro to the ratification of' a sale to him, said Trust Company appeals.
1Opinion of the CourtUrner, J.
On August 1st, 1916, the Canton Com Products Company executed and delivered a mortgage of its distillery plant and property to the Baltimore Trust Company, as trustee, to secure the payment of bonds having an aggregate par value of $125,000. Default having been made by the mortgagor as to the performance of certain covenants in the mortgage, a proceeding in equity was instituted, and a decree obtained by the trustee for the sale of the mortgaged property. The decree, which was passed on September 20th, 1918, appointed the Baltimore Trust Company trustee to make the sale, and provided that the…
2Cases cited12 opinions
- Janes v. JenkinsCourt of Appeals of Maryland · 1871
- Lurman v. HubnerCourt of Appeals of Maryland · 1892
- State ex rel. Gable v. CoaleCourt of Appeals of Maryland · 1879
- Knabe v. JohnsonCourt of Appeals of Maryland · 1908
- Connaughton v. BernardCourt of Appeals of Maryland · 1897
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3Cited by3 opinions
- Kramme v. MewshawCourt of Appeals of Maryland · 1925
- Magraw v. DillowCourt of Appeals of Maryland · 1996
- Schapiro v. Baltimore Trust Co.Court of Appeals of Maryland · 1923