Detroit & Northern Michigan Building & Loan Ass'n v. Oram
Michigan Supreme Court
Appeal from Houghton; O’Brien, J. Bill by the Detroit & Northern Michigan Building & Loan Association against Minnie K. Oram and others to set aside the discharge of a mortgage, for subrogation to the rights of the mortgagee, and to foreclose the same. Joseph Strobel, executor of the will of Elizabeth Kaspers-Gitzen, intervened claiming equities. From a decree for plaintiff and the intervener, defendants appeal.
1Opinion of the CourtKuhn, J.
John Kaspers in his lifetime was a resident of the village of Houghton and owned a corner lot on the main street of the village, in the business district, on which stood a two-story store building and other adjoining structures. He died July 23, 1903, leaving a will which gave a life estate in this property to his wife, Elizabeth, with remainder to his son, Gabriel. At the time of his death there was a mortgage of $5,500 on this land, held by one Elizabeth Hennes, then by its terms overdue. In the inventory of his estate this piece of real estate was appraised at $12,500, subject to a…
2Cases cited19 opinions
- Smith v. GaleSupreme Court of the United States · 1892
- Kelly v. KellyMichigan Supreme Court · 1884
- Stroh v. O'HearnMichigan Supreme Court · 1913
- Detroit Fire & Marine Insurance v. AspinallMichigan Supreme Court · 1882
- Whitney v. SalterSupreme Court of Minnesota · 1886
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3Cited by10 opinions
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- Ingram v. JonesCourt of Appeals for the Tenth Circuit · 1931
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- Washington Mutual Bank, FA v. Shorebank Corp.Michigan Court of Appeals · 2005
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