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WOLFE BROS., INC. v. FREDERICK CTY. NAT. BANK

No. 644, September Term, 1988.

78 Md. App. 119 (1989)

552 A.2d 932

WOLFE BROTHERS, INC., ET AL. v. FREDERICK COUNTY NATIONAL BANK.

Court of Special Appeals of Maryland.

February 2, 1989.

Attorney(s) appearing for the Case

David L. Johnson (Karen D. Spivey, on the brief), Westminster, for appellants.

George W. Shaffer (William N. Rogers and Shaffer & Rogers, on the brief), Rockville, for appellee.

Argued before GILBERT, C.J., and WILNER and ROSALYN B. BELL, JJ.

GILBERT, Chief Judge.

J.S. Mason Construction Company, Inc., a Maryland corporation and a minority business entity engaged in highway construction, was awarded a contract by Wolfe Brothers, Inc., a road building contractor. To secure the contract with Wolfe, Mason, in need of working capital, applied for a $50,000 loan from the Frederick County National Bank. The loan was denied. The vice-president of the bank, however, suggested to Mason that the loan would be reconsidered...

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