Saul Padek Et Al. v. Gust Thornton

Action to foreclose the rights of the purchaser under a land contract. On November 17, 1956, the plaintiffs and the defendant
entered into a contract wherein the defendant agreed to pay the sum of $24,750 for certain real estate located in the city
of Milwaukee in installments as provided therein. The plaintiffs agreed to convey the premises to the defendant upon payment
of said amount. The defendant agreed to pay the sum of $420 per month, commencing on the 15th day of December, 1956, during
the first year of the contract. The record discloses that there are two brick buildings containing nine rental units on the
premises described in the contract. On January 21, 1957, this action was commenced and in the complaint it was alleged that the defendant had failed to make
the monthly payments due on December 15, 1956 and on January 15, 1957. On the 29th day of January, 1957 the plaintiff secured
an order to show cause returnable on February 1, 1957, wherein the defendant was ordered to show cause why a receiver should
not be appointed to collect the rents from the premises. The order was served on the defendant and he appeared with an attorney
on the return date. At the defendant's request the matter was adjourned to February 15, 1957. The trial court ordered the
appointment of a receiver but the receiver did not qualify.