F.W. Woolworth Co. v. Rice

Landlord and tenant interplead their claims to rent of a subtenant, paid into court.

The trustees of the estate of Florence R. Strauss leased to Okin and Isaacs a plot of land, 168-176 Springfield avenue, Newark, for a term of thirty years, beginning April 1st, 1925, at a yearly rental for the first ten years of approximately $35,000, payable in equal monthly installments. After the tenants erected seven one-story stores on the demised premises, as they had agreed to do, they assigned the lease to the Uptown Holding Company, their company, to which they were authorized to assign. The Uptown…