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SECOND NAT. BLDG. & LOAN v. SUSSEX TRUST CO.

508 A.2d 902 (1985)

SECOND NATIONAL BUILDING AND LOAN, INC., a Maryland corporation, Plaintiff, v. The SUSSEX TRUST COMPANY, a State Chartered Bank, Defendant.

Superior Court of Delaware, Sussex County.

Decided: December 12, 1985.

On Motion for Reargument January 9, 1986.

Attorney(s) appearing for the Case

Barbara-Cherrix O'Leary of O'Leary Law Offices, Rehoboth Beach, for plaintiff.

John A. Sergovic, Jr. of Tunnell & Raysor, Georgetown, for defendant.

CHANDLER, Judge.

This lawsuit arises out of a controversy over the appropriate procedure for collecting realty transfer taxes when a transfer of property results from a judicial sale. Plaintiff Second National Building and Loan, Inc. ("Second National") seeks to recover $2100, claiming that the Defendant Sussex Trust Company ("Sussex Trust"), as the successful bidder at a judicial sale, wrongfully refused to pay its share...

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