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LERCH v. MD. PORT AUTHORITY

[No. 268, September Term, 1965.]

240 Md. 438 (1965)

214 A.2d 761

LERCH v. MARYLAND PORT AUTHORITY, ET AL.

Court of Appeals of Maryland.

Decided November 26, 1965.

Attorney(s) appearing for the Case

Edward O. Clarke, Jr., with whom were Richard W. Case and Smith, Somerville & Case on the brief, for appellant.

Lewis A. Noonberg and Charles C.G. Evans, with whom were Piper & Marbury on the brief, for appellees.

The cause was argued before PRESCOTT, C.J., and HORNEY, MARBURY, OPPENHEIMER and BARNES, JJ.

OPPENHEIMER, J., delivered the majority opinion of the Court, in which PRESCOTT, C.J., concurs. Concurring opinion at page 463, infra.

This appeal involves the validity of a proposed issue of revenue bonds by the Maryland Port Authority for the acquisition and construction of an International Trade Center in the port of Baltimore. Under the proposed issue, the Authority may be required to deposit with the trustee under...

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