Deland v. Jacobstein

This is an appeal from a decree of the Wayne circuit court granting foreclosure of a land contract of date July 17, 1926, between the plaintiff as vendor and defendants Benjamin Jacob-stein and Etta R. Jacobstein, his wife, as vendees. The defendant Berman has no interest in the subject-matter of the suit. Defendant Douchan is assignee of the vendees’ interest.

In 1925, the plaintiff took possession as receiver of the assets of the Detroit Mortgage Corporation. Among them was a land contract wherein Benjamin Jacobstein was vendee. He was in default on his payments. Plaintiff brought suit. A…