Leave to appeal denied, 386 Mich. 765.
McGREGOR, J.
On March 4, 1969, Avco Security Corporation sold, assigned, and transferred, for a valuable consideration, a mortgage to the defendant, which covered the vendee's interest in a land contract dated October 17, 1966, made by plaintiffs to Budman's, Inc.
Defendant did not file its 1965 Annual Report and fees, which were due on May 15, 1965, in consequence of which its charter was suspended on May 25...
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