Papin v. Demski

In 1964, plaintiffs purchased a motel in Milford, Michigan. Austin R. Keathley was the real estate agent who sold the motel to them. In the latter part of 1965 or early 1966, Gerald J. Papin contacted Keathley, as he was interested in purchasing another motel. In February 1966, Keathley showed the Papins the Mackinac Trail House in Pinconning, Michigan, owned by defendants Demski. Keathley received a letter dated February 10, 1966, from Ted Beechum, bookkeeper for the Demskis at the Mackinac Trail House, in which Beechum supplied financial data for the year 1965. Following receipt of…