Bernstein v. Riseman

Prior to the year 1932, plaintiff purchased the property involved in these proceedings, subject however, to a mortgage to the Citizens National Bank of Romeo. This mortgage was subsequently foreclosed by the receiver of said bank who acquired a sheriff’s deed dated April 26, 1932. No redemption was made from this deed within the time allowed.

The receiver, in November, 1935, held a public sale to dispose of the property and the plaintiff, desiring to repurchase the same but not being financially able to do so, approached the defendant George Almashy in an attempt to secure the necessary funds.…