Bennett v. Taylor

The American Bank & Trust Company, a banking corporation doing business in the town of Palis, entered into a written lease contract by which it leased a certain building in said town for a term of ten years, the lessor to make certain improvements and the lessee to pay a yearly rental of $1,620 at $135 per month. The improvements were made according to the agreement, and the bank entered on the property and occupied the same, paying the rental as stipulated for about five years,' when it became insolvent and was taken over by the State Bank Commissioner for liquidation. For about a year the…