Morrison v. Bruce

_ Plaintiff leased certain premises to the George D. Winchell Manufacturing Company perpetually, with privilege of purchase within fifteen years, rents and payments on account of purchase-money expressly stipulated. Lessee made an assignment for the benefit of creditors to John E. Bruce, whom plaintiffs sue for the stipulated rent, and an installment of purchase-money coming due while he was in possession. The question is *107to what extent the assignee under the circumstances is liable, if at all, and how, whether as assignee or personally.

Bruce accepted the assignment; went into actual…