Westville Land Co. v. Handle

The opinion of the court was delivered by

Heher, J.

A mortgage in the sum of $27,600, covering twenty-three acres of land, made by one William Rovner to plaintiff, and by the latter assigned to the Woodbury Trust Company, as collateral security for a loan of $15,000, was in default. It was given to secure Rovner’s bond. Under an agreement bearing date October 28th, 1927, defendants, Handle and Abraham J. Rovner, agreed to convey, or cause to be conveyed, to plaintiff a certain tract of land, comprising twenty acres, owned by William Eovner, subject to a mortgage in the sum of $18,400, and to…