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RANDOLPH HILLS v. SHOREHAM DEVELOPERS, INC.

[No. 392, September Term, 1971.]

266 Md. 182 (1972)

292 A.2d 662

RANDOLPH HILLS, INC. ET AL. v. SHOREHAM DEVELOPERS, INC. ET AL.

Court of Appeals of Maryland.

Decided June 30, 1972.

Attorney(s) appearing for the Case

H. Vernon Eney, with whom were Robert M. Thomas, Judith A. Armold, Venable, Baetjer & Howard and Leonard S. Blondes on the brief, for appellants.

Michael Evan Jaffee, with whom were Larry N. Gandal, John M. Bray, Arent, Fox, Kintner, Plotkin & Kahn, Paul H. Mannes and Klavan & Mannes on the brief, for appellees.

The cause was argued before BARNES, McWILLIAMS, SINGLEY, SMITH and DIGGES, JJ.

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

The appellant, Randolph Hills, Inc. (RHI) is no stranger to this Court.1 By August of 1961, RHI had acquired a tract of some 65 acres in Montgomery County and in June of 1962, realizing that about half of the tract was likely to be condemned for a school site, contracted to sell a 32.61 acre parcel to Shoreham Developers, Inc. (Shoreham) for $351,000.00. On the same day, Shoreham entered...

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