Walgreen Co. v. Moore

Grove Street Plaza Company mortgaged certain premises owned by it to the Fidelity Union Title and Mortgage Guaranty Company and thereafter leased a portion of the premises to Walgreen Company, a corporation of Illinois, for a term of ten years for a stipulated rent. The Illinois corporation assigned the lease to the complainant. The mortgagor defaulted and in December, 1933, foreclosure proceedings were instituted by the mortgagee in which proceedings the defendant Moore was appointed rent receiver. He distrained for rent and this bill was filed to enjoin the distress proceedings on the…