Daugherty v. Reading

Defendants foreclosed by advertisement a real estate mortgage given by plaintiffs. At the foreclosure sale (June 15, 1932), defendants purchased the mortgaged premises for $3,034.23. On June 5, 1933, 10 days prior to the expiration of the period of redemption, plaintiffs filed the bill of complaint herein under Act No. 98, Pub. Acts 1933, commonly called the mortgage moratorium act. The relief sought is that defendants be restrained from dispossessing plaintiffs and that the period of redemption be extended in accordance with Act No. 98, Pub. Acts 1933. Defendants answered and also filed a…