Old Mortgage & Finance Co. v. Pasadena Land Co.

Plaintiff’s bill for foreclosure of a mortgage was dismissed and it has appealed. Appellant’s counsel, at the hearing here, argued impressively and in chief that the mortgage had been given in the interest and for the benefit of Detroit Mortgage Company and therefore ought to be sustained.

After a study of the record, we are in accord with Judge Dingeman’s opinion, which is adopted as our own :

“This is a proceeding brought by the plaintiff against defendants, Pasadena Land Company and Detroit Mortgage Corporation, to foreclose a mortgage bearing date of November 1/-1923, executed by defendant…