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K.C.S., LTD. v. EAST MAIN STREET LAND DEV. CORP.

No. 1289, September Term, 1977.

40 Md. App. 196 (1978)

388 A.2d 181

K.C.S., LTD. v. EAST MAIN STREET LAND DEVELOPMENT CORPORATION ET AL.

Court of Special Appeals of Maryland.

Decided July 18, 1978.

Attorney(s) appearing for the Case

Edgar A. Baker, Jr., with whom was Sheldon B. Seidel on the brief, for appellant.

John B. Robins, IV, with whom was Don E. Richardson on the brief, for appellees.

The cause was argued before GILBERT, C.J., and MOYLAN and LOWE, JJ.

GILBERT, C.J., delivered the opinion of the Court.

Does "the right of first refusal," of specified real property, embodied in a lease between a corporate landlord and its tenant include the right to purchase from the landlord's stockholders all the authorized and issued outstanding stock of the corporate landlord? The Circuit Court for Wicomico County (Simpkins, J.) decided that it did not. The appellant-tenant, steadfastly...

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