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FIRST NAT. BANK v. MAYOR AND CITY COUNCIL

No. 27.

27 F.Supp. 444 (1939)

FIRST NAT. BANK OF BINGHAMTON, N. Y., v. MAYOR AND CITY COUNCIL OF BALTIMORE.

District Court, D. Maryland.

April 25, 1939.

Attorney(s) appearing for the Case

Edgar Allan Poe (of Bartlett, Poe & Claggett), of Baltimore, Md., and Hinman, Howard & Kattell, of Binghamton, N.Y., for plaintiff.

Chas. C. G. Evans, City Sol., Allen A. Davis, Asst. City Sol., Walter L. Clark, and Roszel C. Thomsen, all of Baltimore, Md., for defendant.

CHESNUT, District Judge.

In this non-jury law suit the First National Bank of Binghamton, New York, is suing Baltimore City to recover the principal payable May 1, 1933 upon two certificates of so-called Baltimore City "Stock", each for the sum of $5,000, with unpaid interest thereon from November 1, 1926. Although currently called "stock" the certificates are really promissory notes under seal. Both were issued October...

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