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RECONSTRUCTION FINANCE CORP. v. MERCURY REALTY CO.

No. 9430.

97 F.Supp. 491 (1951)

RECONSTRUCTION FINANCE CORP. v. MERCURY REALTY CO., Inc. et al.

United States District Court E. D. Michigan, S. D.

April 27, 1951.

Attorney(s) appearing for the Case

C. B. Marks, O. C. Grattan, and G. W. Lamphere, all of Detroit, Mich., for plaintiff.

James N. McNally and Norris A. Porter, Dearborn, Mich., for defendants.

KOSCINSKI, District Judge.

Plaintiff sues on promissory note dated November 24, 1947 at Florence, Alabama, payable to plaintiff at the Birmingham Branch of the Federal Reserve Bank of Atlanta, Birmingham, Alabama, with interest at 4% per annum, payment to be made in installments, with final maturity of the note not later than November 1, 1949. There was default in payment.

Payment of the note was secured by collateral...

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