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SHOREHAM DEVELOPERS, INC. v. RANDOLPH HILLS, INC.

[No. 680, September Term, 1966.]

248 Md. 267 (1967)

235 A.2d 735

SHOREHAM DEVELOPERS, INC., ET AL. v. RANDOLPH HILLS, INC.

Court of Appeals of Maryland.

Decided December 8, 1967.

Attorney(s) appearing for the Case

Edward M. Statland for the appellants.

Samuel M. Shapiro, with whom were Bowen & Diggs and Kathryn E. Diggs on the brief, for appellee.

The cause was argued before HAMMOND, C.J., and BARNES, McWILLIAMS, FINAN and SINGLEY, JJ.

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

On June 22, 1962, Randolph Hills, Inc., by its president, Morris Perlmutter, entered into a contract with Shoreham Developers, Inc. On the same day Perlmutter Bros., Inc. also entered into a contract with Shoreham Developers, Inc. Under one of the instruments, known as the sales contract, Randolph Hills agreed to sell to Shoreham Developers a tract of land containing 32.61 acres for a total purchase price of $351,000...

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