Hirschman v. Healy

Hoi/fi, J.

The counterclaim was dismissed and a verdict directed for plaintiff. Defendant appeals from the order denying a new trial.

The record discloses that in July, 1917, defendant, after an examination of a 5,000-acre tract of land in northern Michigan, bought the same on contract from Interstate Farms Company for $89,585.64. Thirty-three thousand dollars were paid in cash, and 10 promissory notes given for $56,585.64. In October of the same year this plaintiff bought the notes before maturity, took an assignment of the contract, and a deed to the land as collateral security. Before this…