Rose v. Union Joint Stock Land Bank
Michigan Supreme Court
1Opinion of the CourtNorth, C. J.
Appellant foreclosed by advertisement a mortgage on an 80-acre farm owned by plain tiffs. The foreclosure sale was held April 29, 1935. In March, 1936, plaintiffs filed a bill of complaint seeking moratorium relief. (Act No. 98, Pub. Acts 1933, as amended). After taking testimony in open court the relief sought by plaintiffs was granted. The trial court enjoined defendant from interfering with plaintiffs’ possession of the mortgaged property until March 1, 1937, and also provided that plaintiffs should pay to defendant as rental for the property $120 on or before November 1, 1936. It was…
2Cases cited1 opinion
- Union Joint Stock Land Bank v. KissaneMichigan Supreme Court · 1936
3Cited by1 opinion
- Federal Land Bank of St. Paul v. LillehaugenNorth Dakota Supreme Court · 1987