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MD. INDUS. DEVEL. FINANCING AUTHORITY v. MEADOW-CROFT

[No. 199, September Term, 1966 (Adv.).]

243 Md. 515 (1966)

221 A.2d 632

MARYLAND INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY, ET AL. v. MEADOW-CROFT

Court of Appeals of Maryland.

Decided July 20, 1966.

Attorney(s) appearing for the Case

Edward L. Blanton, Jr., Assistant Attorney General, with whom was Thomas B. Finan, Attorney General, on the brief, for the appellant.

Amicus curiae brief filed by the County Commissioners of Cecil County, William B. Calvert, County Solicitor, H. Warren Buckler and Niles, Barton, Gans & Markell on the brief.

Richard W. Case, with whom were Edward O. Clarke, Jr. and Smith, Somerville & Case on the brief, for the appellee.

The cause was argued before PRESCOTT, C.J., and HAMMOND, MARBURY, OPPENHEIMER and McWILLIAMS, JJ.

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

This appeal involves the validity of the provisions of the statute creating the Maryland Industrial Development Financing Authority under Section 34 of Article III of the Maryland Constitution; it turns on whether the faith and credit of the State have in fact been pledged and, if not, whether the section of the Act which refers to such a pledge is misleading.

The statute before us is Code (1965 Repl. Vol...

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