Lacny v. Alexander

Alleging fraud, this bill was filed for the cancellation of three warranty deeds and assignments of a land contract. On May 13, 1925, the plaintiff owned a four-family dwelling house in the city of Detroit, Michigan. He had contracted to sell the property to defendants Alex Mayor and Julia Mayor, his wife. At the time in question there was an unpaid balance of $4,226.82 on the contract. He wanted to dispose of his interest and went to the office of the defendant Alexander for that purpose. Alexander told him! that his vendor’s interest in the contract was not worth more than $2,900. He agreed…