Second Michigan Cooperative Housing Ass'n v. First Michigan Cooperative Housing Ass'n

The appeal before us relates to an accounting between First and Second Michigan Cooperative Housing Associations, 2 nonprofit corporations formed to obtain financial assistance under the national housing act, 12 USCA, § 1701 et seq. Supplemental decree was rendered in favor of First Michigan in the amount of approximately $30,000, following which substituted counsel moved to vacate the decree, and for a rehearing, upon 2 grounds: Error in the disposition of a certain check in the amount of $58,000, and newly-discovered evidence. This appeal is from the supplemental decree entered and the…