AMERICAN NAT'L BUILDING & LOAN ASSOCIATION v. M. & C.C.

[No. 460, September Term, 1965.]

245 Md. 23 (1966)

224 A.2d 883

AMERICAN NATIONAL BUILDING & LOAN ASSOCIATION ET AL. v. MAYOR AND CITY COUNCIL OF BALTIMORE, ET AL.

Court of Appeals of Maryland.

Motion for rehearing filed January 10, 1967.

Opinion modified February 9, 1967.


Attorney(s) appearing for the Case

George Cochran Doub, with whom were Robert F. Skutch, Jr., Jacob B. Davis, William H. Holden, Jr. and Weinberg & Green on the brief, for American National Building & Loan Association, Inc., et al., part of appellants; Robert M. Thomas and Francis D. Murnaghan, Jr., with whom were V. Charles Rinaudo and Joseph W. Mosmiller on the brief, for Loyola Federal Savings & Loan Association, other appellant.

Ambrose T. Hartman, Deputy City Solicitor and Nelson B. Seidman, Assistant City Solicitor, with whom were Joseph Allen, City Solicitor and Herbert J. Belgrad, Assistant City Solicitor on the brief, for appellees.

The cause was argued before HAMMOND, C.J., and HORNEY, MARBURY, OPPENHEIMER and FINAN, JJ.


HORNEY, J., delivered the opinion of the Court.

These are appeals by one hundred and sixty federal and state savings and loan associations from an order of the Circuit Court of Baltimore City sustaining without leave to amend the demurrers to the bills of complaint challenging the validity of Ordinance 428 passed by the City Council of Baltimore and approved by the Mayor on December 30, 1964. Although the City evidently intended to impose an annual tax on all savings...

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