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SCHUMACHER & SEILER v. SANDLER

No. 4719.

118 F.2d 348 (1941)

SCHUMACHER & SEILER, Inc., v. SANDLER.

Circuit Court of Appeals, Fourth Circuit.

March 10, 1941.

Attorney(s) appearing for the Case

C. Morris Harrison and George Ross Veazey, both of Baltimore, Md., for appellant.

George E. Robinson and Louis M. Silberstein, both of Baltimore, Md., for appellee.

Before PARKER, SOPER, and DOBIE, Circuit Judges.

PER CURIAM.

This case involved the validity of a mortgage for future advances. Both the Referee in Bankruptcy and the District Court held the mortgage invalid on the ground that the mortgage clearly failed to comply with the apposite Maryland statute, Code 1924, art. 66, § 2, and the decisions of the highest court of Maryland interpreting and applying this statute.

We are, of course, bound by the decisions of...

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