Denby v. Ozeran

Defendants Sam and Rose Ozeran, vendees, appeal from an order appointing a receiver in an action in equity brought by Marion Thurber Denby, plaintiff, for the foreclosure of a land contract in which she is the assignee of the original vendor, and defendants are the vendees. The con tract, dated November 2, 1926, provides for the sale of land and the building containing two stores with flats above, in Detroit, Michigan. Five thousand dollars of the $40,000 purchase price was paid down, the balance being payable at the rate of $275 a month during the first three years, and $300 a month…