COPPAGE v. COLEMAN

[No. 121, September Term, 1971.]

263 Md. 639 (1971)

284 A.2d 211

COPPAGE, RECEIVER OF SECURITY FINANCIAL INSURANCE CORPORATION v. COLEMAN, RECEIVER OF FIRST GENERAL SAVINGS AND LOAN COMPANY

Court of Appeals of Maryland.

Decided December 9, 1971.


Attorney(s) appearing for the Case

Submitted by George D. Hubbard, James P. Garland and Albin M. Plant for appellant.

Submitted by Joe M. Kyle for appellee.

The cause was submitted on briefs to HAMMOND, C.J., and BARNES, McWILLIAMS, SINGLEY, SMITH and DIGGES, JJ.


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

In this case two receivers are engaged in a dispute as to whether an interest bearing secured claim should accrue interest to the date of payment when the security admittedly is more than the amount of the claim. We conclude that it should and, therefore, we shall reverse the decision of the chancellor who apparently believed that the fact the secured debt was owed to a corporation

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