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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

City of St. Louis v. Goldenberg, 529 S.W.2d 33 (1975)

Citation
City of St. Louis v. Goldenberg, 529 S.W.2d 33 (1975)
Parent Document
City of St. Louis v. Goldenberg, 529 S.W.2d 33 (1975)
Jurisdiction
Missouri (state)
Effective Date
1975-10-14

Full Text

1,156 chars
This rental property was, at the time it came into the receiver Cleary’s hands, in such an unsanitary state of disrepair and dilapidation as to be unfit for human habitation. Repairs necessary to make it habitable would cost approximately $5,000. Receiver Cleary promised the tenants repairs would be made as soon as possible and on the strength of such promises, collected rents of $450. This money was insufficient for the needed repairs. By July, 1971, the tenants no longer believed the improvements could be made, refused to pay more rent and began to vacate the building. Cleary correctly judged the rental income insufficient to provide the extensive repairs required and that receivership certificates would not be salable because of the delinquent outstanding mortgage. Hence he sought financing from the Department of Housing and Urban Development and other public and private organizations, who repeatedly informed him that because of (1) the history of the owner’s bad management practices, (2) the outstanding mortgage on the property, and (3) the delinquent real property taxes, no credit would be extended for rehabilitation of the property.