Cosden v. Mercantile-Safe Deposit & Trust Co.

We are concerned with whether or not the Mercantile-Safe Deposit and Trust Company, as Trustee under the will of *521William R. Hammond, should be surcharged for a breach of trust in selling the grounds upon which Pimlico Race Track is located for an inadequate price. There are also questions concerning the proper allowance and allocation of the Trustee’s commissions and of counsel fees. The case was last before this Court in 1975, Madden v. Mercantile-Safe Deposit and Trust Co., 27 Md. App. 17, 339 A. 2d 340 (1975). We there summarized the relevant facts as follows:

“William R. Hammond became the…