Ferguson v. Grand Rapids Land Contract Co.

This bill was filed for an accounting and to compel the conveyance of certain real estate to the plaintiff in accordance with a land contract between the parties hereto on March 1, 1924. The plaintiff was the owner of two lots on Guild street in the city of Grand Rapids, Michigan. On these lots she desired to build a riding stable. She made an agreement with the defendant to finance its construction. By the terms of the agreement the building was to cost $’6,500, which the defendant was to advance as the construction progressed. The plaintiff was to deed her two lots to the defendant at an…