Northcott v. Nieman

Litz, Judge:

This is an appeal from a decree enjoining an action on an indemnifying bond.

On June 1, 1921, defendant, Margaret J. Newman Nie-man (then Newman) leased to Sixth Avenue Office Building, a corporation, a lot of land owned by her in the city of Huntington, for a period of 25 years. The lease contract required the lessor to convey the property to the lessee at the termination of the lease period, without further consideration, providing the lessee had paid the rentals in accordance with the terms of the lease. On July 20, 1923, Sixth Avenue Office Building transferred and assigned the…