Fries v. Wonnacott

In order to secure lumber, etc., for building a home on two lots in Flint, Michigan, being purchased on land contract by Henry Fries and Anna Fries, his wife, the latter assigned their vendees’ interest in the contract to a lumber company which also paid up the balance due on the contract, secured a deed and then gave a new contract to Fries and wife. In 1930, Jess Wonnacott and Hattie Wonnacott, his wife, traded a farm with Fries and wife for their equity in the contract, but in 1931 in the first suit begun between the parties, Fries and wife secured a decree setting aside the exchange and…