Leviness v. Consolidated Gas Electric Light & Power Co.
Court of Appeals of Maryland
Appeal from the Circuit Court No. 2 of Baltimore City (Stockbridge, L).
1Opinion of the CourtUrner, J.
In this case the inquiry is whether property belonging to a corporation and subject to a statutory preferred stock lien can be released from that encumbrance for the purposes of sale and reinvestment, and if so, what is the proper procedure to accomplish such a result.
The suit was brought by the appellee, the Consolidated Gas Electric Light and Power Company of Baltimore for the specific performance of a contract for the sale to the appellants for $50,000 of an unimproved lot of ground upon which the principal office of the company was formerly located. This lot, with the other corporate…
2Cases cited6 opinions
- Smith v. SwormstedtSupreme Court of the United States · 1854
- Wallace v. AdamsSupreme Court of the United States · 1907
- Heller, Hirsch & Co. v. National Marine BankCourt of Appeals of Maryland · 1899
- Cassidy v. ShimminMassachusetts Supreme Judicial Court · 1877
- Diggs v. Fidelity & Deposit Co.Court of Appeals of Maryland · 1910
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3Cited by17 opinions
- City of Detroit v. Detroit United RailwayMichigan Supreme Court · 1924
- Bell v. Board of County CommissionersCourt of Appeals of Maryland · 1950
- Ridgely v. PfingstagCourt of Appeals of Maryland · 1946
- American State Savings Bank v. American State Savings BankMichigan Supreme Court · 1939
- Holt v. MoxleyCourt of Appeals of Maryland · 1929
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