This case involves a bill to foreclose a so-called equitable mortgage on a vendee's interest in a land contract.
On December 20, 1949, George Eatmon became the vendee under a land contract. Twenty-two days later, plaintiff acquired the vendor's interest.
Forty-one days after that, on February 21, 1950, the Eatmons gave a promissory note to plaintiff's brother, Paul Boraks, in the sum of $2,164 as...
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