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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

McKnight v. Broadway & Fourth Avenue Realty Co., 273 S.W. 32 (1925)

Citation
McKnight v. Broadway & Fourth Avenue Realty Co., 273 S.W. 32 (1925)
Parent Document
McKnight v. Broadway & Fourth Avenue Realty Co., 273 S.W. 32 (1925)
Jurisdiction
Kentucky (state)
Effective Date
1925-06-05

Full Text

630 chars
: It is also stipulated that: “In the event that the building shall be destroyed or damaged by fire, or otherwise, and shall not be repaired in the manner provided in this lease within 12 months from the date of the collection of the insurance due upon such destruction or damage, all money received by the said trust company, or its successors, as insurance upon said buildings, shall be paid to the lessors, their heirs, legatees, devisees, personal representatives, and assigns, as liquidated damages for the breach of the covenants of this lease in regard to rebuilding and repairing .the improvements on the leased premises.”