Legal Opinion
In re Inwood Hardware Corp.
District Court, N.D. Texas
Decided November 13, 1951No. 4312Published
1Opinion of the Court
ATWELL, Chief Judge.
When the bankrupt became lessee of certain property in Dallas, Texas, for the conduct of a mercantile business, it deposited with the owners of such property, Louis J. Hexter, Sam Lobello, and Sam Lobello, Jr., $8,000 to guarantee its performance of the covenants of the lease. That deposit was made in two payments. The lease was for a term of ten years, at a rental of $720 per month.
On May 26, 1951, an involuntary petition in bankruptcy was filed against lessee corporation, and on June 4, 1951, it was adjudicated.
The Referee appointed Melvin Yonack, trustee, and on…
2Cases cited6 opinions
- Taubel-Scott-Kitzmiller Co. v. FoxSupreme Court of the United States · 1924
- Harrison v. ChamberlinSupreme Court of the United States · 1926
- Cline v. KaplanSupreme Court of the United States · 1944
- Sproul v. LevinCourt of Appeals for the Eighth Circuit · 1937
- Seemann v. National Bank of Commerce of HoustonCourt of Appeals for the Fifth Circuit · 1940
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