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MD. INDUS. DEVEL. FINANCING AUTHORITY v. HELFRICH

[No. 117-Adv., September Term, 1968.]

250 Md. 602 (1968)

243 A.2d 869

MARYLAND INDUSTRIAL DEVELOPMENT FINANCING AUTHORITY, ET AL. v. HELFRICH

Court of Appeals of Maryland.

Decided July 17, 1968.

Attorney(s) appearing for the Case

Anthony M. Carey, III and Thomas A. Garland, Assistant Attorneys General, with whom was Francis B. Burch, Attorney General, on the brief, for appellants.

Charles J. Stinchcomb, with whom were John R. Royster, Richard J. Himelfarb and Weinberg & Green on the brief, for appellee.

The cause was argued before HAMMOND, C.J., and MARBURY, BARNES, McWILLIAMS, FINAN, SINGLEY and SMITH, JJ.

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

The proliferation of the programs by which states, counties and municipalities in the United States have endeavored to attract industry is one of the more remarkable of the economic developments of the past three decades. The phenomenon has been the subject of a financial study by Lechner, Industrial Aid Financing (Goodbody & Co., 1965) and legal considerations have been reviewed by Heins, Constitutional...

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