Youngs v. Burleson
Michigan Supreme Court
1Opinion of the CourtButzel, J.
On December 28, 1925, Dan and Florence M. Yonngs executed a mortgage of $23,500 to Mary C. Burleson, on property opposite the post-office at the southeast corner of Division avenue and Lyon- street in Grand Rapids, with two old apart.ment houses and a small dwelling house situated thereon. Upon default in payments, foreclosure by advertisement was begun and on November 4, 1932, the property was bid in by Mary C. Burleson for $26,074.26, the amount then due her for principal, interest and taxes paid by her. On October 5, 1933, upon the filing of a bill of complaint for a moratorium by Florence…
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