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SILER v. MARSHALL

[No. 372, September Term, 1967.]

251 Md. 342 (1968)

247 A.2d 385

SILER ET UX v. MARSHALL, ET AL.

Court of Appeals of Maryland.

Decided November 12, 1968.

Attorney(s) appearing for the Case

Robert A. Wallace, with whom was Harry L. Wolpoff on the brief, for the appellants.

Henry E. Weil, with whom was Shapiro & Weil on the brief, for the appellees.

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

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

In May 1965 appellants, hereinafter called Siler, agreed in writing to sell to appellees, hereinafter called Marshall, some 17 acres of land in Montgomery County at $1.25 a square foot, or $916,905.33. A deposit of $25,000 was paid by the purchasers The contract provided as follows:

"Settlement. Time is of the essence of this Contract and within sixty days from: (a) the date of acceptance hereof by the Seller...

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