Hasden v. McGinnis

This appeal is from a decree of the Chancery Court of Knox County avoiding the forfeiture of a lease, and denying the defendant-lessor possession of the leased premises.

The property involved is a warehouse building on McGhee Street in Knoxville, Tennessee and is valued in excess of $125,000.00. In 1960, the building* belonged to the complainants-lessees, Max Hasden and wife Flora Hasden. Being hard-pressed for funds to pay several short-term mortgages and a federal tax delinquency, the Hasdens transferred title to the warehouse building to the defendant, Evelyn E. McGinnis in August, 1960,…