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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Alexander v. Theatre Realty Corporation, 70 S.W.2d 380 (1934)

Citation
Alexander v. Theatre Realty Corporation, 70 S.W.2d 380 (1934)
Parent Document
Alexander v. Theatre Realty Corporation, 70 S.W.2d 380 (1934)
Jurisdiction
Kentucky (state)
Effective Date
1934-03-23

Other Sections in This Document (72)

Full Text

817 chars
■protect the lessor in the goocl-faith carrying ont of the terms of the vendor’s offer of sale of the property, made ■on the condition that vendor should receive a long-term .lease from him, that equitable considerations might in such case require that lessee, in exercising the given right of assignment, should be confined, to an assignment :made in good faith to one apparently responsible cur who could reasonably be expected to perform its covenants, and that such qualification upon the right to as■sign might have to be imposed by implication in construing the clause, to avoid a fraudulent overreaching ■of the landlord, buying the property upon the faith of ¡substantially receiving from lessee in part consideration of his purchase, in fact as well as in form, such long-term lease promising a fixed income.