Kewanee Boiler Corp. v. American Laundry Machinery Co.

Mr. Presiding Justice John J. Sullivan

delivered the opinion of the court.

This is an action by plaintiff, Kewanee Boiler Corporation, an assignee of the lessee’s interest under a long term lease, against a subsequent (and the ultimate) assignee of such interest for reimbursement for expenditures made by plaintiff in performing the lessee’s obligations under the lease, all of which expenditures arose after defendant’s default and include rent paid to the lessor and taxes, insurance and similar charges which constitute additional rent due under the lease. Plaintiff, having elected to stand and…