In Re Nielsen's Estate
Michigan Supreme Court
1Opinion of the CourtBushnell, J.
Claimant, youngest son of the deceased, lives on a 75-acre farm in Montcalm county, which was conveyed to him by his, father in 1925 for the express consideration of $1. On the same date claimant and his wife gave the father promissory notes in the sums of $2,800 and $1,200 respectively, payable in eight years with the privilege of paying $50 on principal at any interest date. The notes bore interest at the rate of 5 per cent, and were secured by two mortgages, one on the 25- and the other on the 50-acre parcel. Claimant contemporaneously therewith executed a release of any and all claims he…
2Cases cited1 opinion
- Rider v. CoyneMichigan Supreme Court · 1929
3Cited by1 opinion
- Smith v. SmithMichigan Supreme Court · 1939