Joy v. Vance

The complainants purchased a mortgage and four accompanying notes from Walker & White. As the interest notes came due, they were sent to the Michi*98■gan Mortgage Company for collection. With the last of these was sent a letter of which a copy follows:

“ Detroit, Mich., Feb. 25, ’91.

“Michigan Mortgage Co., Lim.,

“St. Johns, Mich.

“ Gentlemen: Inclosed you will find, for collection, interest coupon of James D. Estes for $52.50, due at your office Feb. 24, ’91; also interest coupon of Emerson Vance for $130, due at your office Feb. 28, ’91. Please receive these .amounts, and remit to me;

“The Emerson…