Fay v. Sanderson

Tbe plaintiff in tbis case recovered judgment on evidence tending to establish tbe following state ■of facts:

In September, 1878, one Beimer owned certain real estate in the city of Detroit, which was encumbered by a mortgage to Catharine Fay, the plaintiff’s wife, for $600, on which interest had accrued to the ainount of $126. Sander-son and Johnston were then in business together as dealers in real estate, and they or one of them owned a parcel of real estate in Nankin. Between them and Beimer an ■exchange was made, by the terms of which it was agreed that Beimer should pay $400 on Catharine…