Harrow v. Metropolitan Life Insurance

Alex McLuckie and Elizabeth Mc-Luckie, his wife, owned real estate in McMillan Grosse Pointe subdivision and May 23, 1929, executed a real estate mortgage thereon to the Union Trust Company, of Detroit, to secure a loan of $8,000. July 12, 1929, the Union Trust Company assigned this mortgage to the Metropolitan Life Insurance Company, a New York corporation. The mortgage and assignment were duly recorded. Plaintiffs allege:

“That the plaintiffs purchased the said premises in the month of December, in the year 1929, on a land contract, paying therefor the sum of $16,500, of which amount $2,250…