Sweet v. Martin

On May 22, 1922, the plaintiffs purchased of the defendants on contract certain northern Michigan resort property. The consideration was $11,000. The plaintiffs made a down payment of $2,000, and were to pay the balance in annual payments of $1,000 each. To secure the second annual payment they gave the defendants a mortgage on some Detroit real estate. This bill, which is filed on the theory that the contract was procured by fraudulent representations, prays for a rescission of the contract, a cancellation of the mortgage and a return of the payments made. The defendants answering denied all…