Shaw v. August

Saul Shaw and Sol O. August, in November, 1923, purchased on land contract real estate in Detroit for $15,000, upon which contract there is still due $5,729.69. "When purchased there was a house on the premises which was removed and a gasoline-oil station and garage placed thereon. The garage was leased to Saul Shaw for $200 a month. The gasoline station was leased January 3, 1929, to the Cadillac Petroleum Company for 15 years, for $200 a month for the first two years, $225 a month for the next eight years and $250 a month for the next five years, making a total rental of $41,400. The…