Madison-Toledo Co. v. Paramount Pictures, Inc.

CHASE, Circuit Judge.

On June 12, 1926, the debtor, whose corporate name was then Famous Players-Lasky Corporation, leased a piece of real estate in Toledo, Ohio, of the appellant, Madison-Toledo Company, for the term of fifteen years at a stipulated rental. The lease contained no clause providing for continued liability of the lessee to the lessor in the event of re-entry by the lessor after default nor for the collection by the lessor in any event of subrents. On the same day, in accordance with the terms of the lease, the debtor assigned it to the *84Huron Street Realty Company, whose name…