Bredell v. Fair Grounds Real Estate Co.
Missouri Court of Appeals
■Appeal from St. Louis' City Circuit ■ Court. — How. William Zachritz, Judge. (1) Nicholls-Ritter Realty & Financial Company became agents for the collection of the rent on the fifth ■day of May, 1898, when the Fair Grounds Real Estate Company acquired the property. The assignment of May 5, 1898, merely directed the application of the rents assigned thereby.
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■Appeal from St. Louis' City Circuit ■ Court. — How. William Zachritz, Judge. (1) Nicholls-Ritter Realty & Financial Company became agents for the collection of the rent on the fifth ■day of May, 1898, when the Fair Grounds Real Estate Company acquired the property. The assignment of May 5, 1898, merely directed the application of the rents assigned thereby. The note of $2,000, secured by said assignment and the second deed of trust, was paid February 9, 1899. Such assignment of rents and the mortgage then became functus officio. Murphy v. Simpson, 42 Mo. App. 654; Welton v. Hull, 50 Mo. 296;…
1Opinion of the CourtBland, P. J.
On December 20, 1900, Celeste Pim, owner in fee, leased to M. A. Haldeman and others a lot of ground with improvements thereon in city block 182, on Olive street,'in the city of St. Louis, for a term of twenty-two years to commence January 1, 1891. The property is known as Nos. 720-722, and the building thereon situated as the Virginia Building.
By mesne assignments of the lease, the Pair. Grounds Real Estate Company became the assignee of the lease on April 29, 1898. On April 30, 1898, the *680Pair Grounds Real Estate Company made, executed and delivered its deed of trust on the leased premises,…
2Cases cited1 opinion
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