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ROSE v. PHENEY, INC.

Docket No. 2,236.

6 Mich. App. 639 (1967)

150 N.W.2d 181

ROSE v. PHENEY, INC.

Michigan Court of Appeals.

Rehearing denied June 20, 1967.

Attorney(s) appearing for the Case

John C. Kane, for plaintiffs.

William Murray, for defendant Pheney, Inc.

T.G. KAVANAGH, P.J.

Plaintiffs sold their hotel and bar to Dee's, Inc., on November 6, 1961. The transaction was evidenced by two instruments, a lease purchase contract covering the realty and a bill of sale with a note and chattel mortgage covering the personal property.

A rider to the lease purchase contract provided:

"Rider to a certain land lease contract dated: November 6, 1961, between William Rose and Shirley S. Rose, his wife, and George Rose...

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