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Flaw In The Title

Flaw In The Title image
Parent Issue
Day
14
Month
January
Year
1898
Copyright
Public Domain
OCR Text

Marquette, Mich., Jan. 11. - What appears to be a flaw in the title to a large part of the property in the south part of the city, has been discovered. Three additions to the town covering most of vvhatis knovvn at South Marquette are affected. The flaw came about through the failure twenty years ago, to secure the signature of the flve children of an undivided one-third when it was deeded to the new owners. Several claim to have known of it, but to have supposed the two-thirds owners were holding adversely to the one-third interest, where it now appears it was a case of cotenancy. If this is true the one-third interest has not been lost to its owners or their heirs. The parties interested in the onethird are Paddleford, Fay & Co., Boston; Edwin Parsons estáte, New York; John Montemolen's estáte, Savannah; Jo9eph S. Greenough, Boston. They have made over their interest in trust to a local agent to make a settlement with the present holders. The property Involved is worth several hundredthousand dollars, but the settlement will hardly cost a third of this sum, for it Is believed here that not more than one of the heirs has an equitable right in the property and that deeds to correct title will issue in most cases with no cost except agent's fee.

Article

Subjects
Ann Arbor Argus
Old News