MERRITT SAV. & LOAN, INC. v. BOARD OF BUILDING, SAVINGS AND LOAN ASS'N

No. 1001, September Term, 1974.

26 Md. App. 694 (1975)

338 A.2d 302

MERRITT SAVINGS AND LOAN, INC. v. BOARD OF BUILDING, SAVINGS AND LOAN ASSOCIATION COMMISSIONERS.

Court of Special Appeals of Maryland.

Decided June 5, 1975.


Attorney(s) appearing for the Case

Eugene Hettleman for appellant.

Daniel T. Doherty, Jr., Special Assistant Attorney General, with whom was Francis B. Burch, Attorney General, on the brief, for appellee.

The cause was argued before MORTON, GILBERT and LOWE, JJ.


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

"The savings and loan business ... has so expanded in recent years and has become so integrated with the financial institutions of this State and is so important as a method of promoting home ownership and thrift, that such business is affected with a public interest and shall be supervised as a business affecting the economic security and general welfare of the people of this...

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