Adler v. New York Life Insurance

On March 15, 1935, an order was entered in the court below granting plaintiff relief, upon certain conditions, under the so-called mortgage moratorium act (Act No. 98, Pub. Acts 1933). Wade v. Farrell, 270 Mich. 562, was decided March 5th and a per curiam opinion rendered April 9th on motion for rehearing. The trial judge in the instant case, in the light of our holding in that case, thereafter reconsidered his former order, set the same aside and dismissed plaintiff’s hill of complaint.

The mortgage in question, covering income-producing property, was executed by plaintiff’s grantors March 3,…