Goldberg v. Grossman and Rosenau

Opinion by

Baldbige, J.,

On December 22, 1925, the defendant’s straw man. Edward Woodfield, as equitable owner, entered into an agreement to sell the premises, known as 411 Market Street, Philadelphia, for $72,000. Settlement was to be had on March 1, 1926, and possession was to be given by assignment of “present existing leases.” When the agreement of sale was executed, the first floor was in possession of Philip Felderman and Louis Lerner under a lease, dated October 17, 1925, for a term of five years, which provided that the premises should not be sub-let or the lease assigned. Prior to…