Katz v. Leblang

Plaintiff’s assignor, Fulton Improvement Company, as landlord, entered into a lease with Acme Theatre Company, as -tenant. The respondent’s testator, Joseph Leblang, together with one Gus Schlesinger and one Morris Schlesinger, executed their respective guaranties for the performance of the lease between Fulton Improvement Company, as landlord, and Acme Theatre Company, as tenant. The tenant defaulted in payment of rent and taxes, and the present action is brought by plaintiff, as assignee of the landlord, against the estate of Joseph Leblang, one of the guarantors, to recover for defaults of…