39 Mich. 98 | Mich. | 1878
Complainant filed his bill to foreclose a mortgage. Subpoena was personally served upon both defendants. They did not appear, and a decree was rendered in favor of complainant, and the mortgaged premises advertised to be sold on the 16th day of November, 1877.
We held in Johnson v. Shepard, 35 Mich., 115, that an order denying and dismissing such petition for leave to file a bill of review was final, and that an appeal could be taken.
Several reasons are set forth in the petition for vacating the decree; "we shall however, notice but one at the present time.
The petition sets forth that the mortgage foreclosed was given to secure an indebtedness to one John Jeffrey. That defendant John Hursh being indebted to said Jeffrey in the sum of $1800, on the 23d day of November, 1872, executed and delivered to said Jeffrey his bond in the sum of $3514.46, payable on or before one year from the date thereof, with interest at the rate of ten per cent.
That this bond was conditioned for the payment of $3514.46, because Jeffrey represented to said Hursh that a bond should specify double the actual consideration, which statement was believed to be true.
Admitting this statement to be true, the claiming and taking a decree for the full face of the bond with interest thereon was a fraud upon the rights of defendants which would entitle them to the relief prayed.
We are of opinion that the order denying and dismissing the petition should be reversed and set aside with costs, and that the court should be directed to enter an order as prayed for in the petition.