State Guaranty Corp. v. Richardson

GOULD, J., pro tem.

When the building and loan commissioner of the state of California undertook to liquidate the affairs of American Loan Society, the latter was occupying certain premises by virtue of a long-term sublease with plaintiff. The commissioner continued occupancy of said leased premises one month and then vacated the same with notice to plaintiff that he did not assume the lease. Plaintiff then presented a claim to American Loan Society in liquidation, demanding (1) accrued rental of $6,600, which was allowed in the sum of $750 only, and (2) damages of $181,315, which was…