Lowrie & Robinson Lumber Co. v. Rubin

This is a suit in equity to reform two land contracts and have foreclosure. Defendants Rubin held a land contract for the purchase of a. lot and a half in a subdivision in Wayne county, and defendants Kaplan held a similar contract for the purchase of the adjoining lot and half lot. They desired to erect on each lot and a half a four-family apartment house, and arranged with plaintiff to furnish materials, and agreed that, when the buildings were erected and they received deeds, they would mortgage each parcel for not more than $15,000, and then each deed to plaintiff, subject to mortgage,…