Aronsky v. Byron Silk Mills, Inc.

Opinion by

Teexler, J.,

A receiver was appointed for the Byron Silk Mills, Inc. The Salisbury Realty Company, the appellant, presented a claim, at the audit of the receiver’s account, for $1,925 for rent. The court allowed $835. The original lease was made March 1, 1925, for three years with the Manhattan Silk Company. The Byron Silk Mills, Inc., took over the property in April, 1927. There was no assignment of the lease to it, but there was a verbal understanding as to the amount to be paid and recognition of the existing lease.

At or about the time of expiration of the lease, March 1, 1928,…