Kuczewski v. De Magnussun

This bill was filed to- ,set aside two deeds, one from the plaintiffs to the defendant DeMagnussun, and the other from DeMagnussun to defendant Morris Epstein. The plaintiffs were the owners of certain real estate in the city of Detroit, Michigan. On August 19, 1925, thgy sold it on land contract to a Mr. Zygmont and wife. Wishing to discount this contract in which they had an equity of about $2,700, they applied to defendant De Magnussun, who had advertised in the Detroit newspapers under the name of the American Discount Company that he would purchase land contracts at a low rate of…