Legal Opinion

Security Trust Co. v. Solomon

Michigan Supreme Court

Decided December 1, 1927No. Docket No. 134PublishedCited by 10 opinions

1Opinion of the CourtSharpe, C. J.

In this suit, brought to foreclose a mortgage executed to plaintiff as trustee to secure a bond issue, and in which it was appointed a receiver of the property, the trial court allowed it for “expenses for attorneys’ fees” the sum of $1,500. The defendant Lena Solomon, a second mortgagee, appeals from such allowance.

This court has repeatedly held that a specified sum stipulated in a mortgage to be chargeable as attorneys’ fees on foreclosure is not enforceable. Curtis v. Mueller, 184 Mich. 148, and cases cited.

This mortgage provided:

“Upon sale being made by any of the methods in this…

2Cases cited3 opinions

  1. Curtis v. MuellerMichigan Supreme Court · 1915
  2. Union Trust Co. v. Electric Park Amusement Co.Michigan Supreme Court · 1910
  3. Union Trust Co. v. Detroit & River St. Clair RailwayMichigan Supreme Court · 1901

3Cited by10 opinions

  1. In Re Howarth EstateMichigan Court of Appeals · 1981
  2. State Bar Grievance Administrator v. CoraceMichigan Supreme Court · 1973
  3. In Re Schafer's BakeriesDistrict Court, E.D. Michigan · 1957
  4. Butzel v. Webster Apartments Co.Court of Appeals for the Sixth Circuit · 1940
  5. Michigan National Leasing Corp. v. CardilloMichigan Court of Appeals · 1981

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