B.F. SAUL CO. v. WEST END PARK

[No. 189 (Adv.), September Term, 1968.]

250 Md. 707 (1968)

246 A.2d 591

B.F. SAUL COMPANY, ET AL. v. WEST END PARK NORTH, INC., ET AL.

Court of Appeals of Maryland.

Decided October 2, 1968.


Attorney(s) appearing for the Case

Hal C.B. Clagett, with whom were Thomas A. Farrington and Sasscer, Clagett, Powers & Channing on the brief, for appellants.

William L. Kahler, with whom were DeBlasis & Kahler on the brief, for corporate appellees.

Thomas A. Garland, Assistant Attorney Genenal, with whom was Francis B. Burch, Attorney General, on the brief, for State of Maryland, other appellee.

Amicus curiae brief filed by Maryland Bankers Association. Norwood B. Orrick on the brief.

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


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

This is an appeal from a declaratory decree entered in equity by the Circuit Court for Prince George's County pursuant to the Uniform Declaratory Judgment Act Code (1967 Repl. Vol.), Art. 31A §§ 1-16 construing Chapter 453, 1968 Laws of Maryland (House Bill No. 11) which repeals §§ 1-16 of Art. 49 of the Maryland Code entitled "Interest and Usury" and replaces it with §§ 1-11. The new law...

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