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IN RE BENSON-BECKMANN PAINT CO.

No. 5632.

36 F.2d 580 (1929)

In re BENSON-BECKMANN PAINT CO., Inc. DOULLUT & EWIN, Inc., v. MOBILE PAINT MFG. CO., Inc.

Circuit Court of Appeals, Fifth Circuit.

December 17, 1929.

Attorney(s) appearing for the Case

David B. Goode and Gessner T. McCorvey, both of Mobile, Ala. (Stevens, McCorvey, McLeod, Goode & Turner, of Mobile, Ala., on the brief), for appellant.

Harry T. Smith and Wm. G. Caffey, both of Mobile, Ala., for appellee.

Before WALKER, BRYAN, and FOSTER, Circuit Judges.

FOSTER, Circuit Judge.

In this case it appears that the Benson-Beckmann Paint Company, Inc., leased a tract of land from the Alabama State Docks Commission for a term of 20 years, with the privilege of a 10-year extension, and later made a contract with appellant for the erection of a building to be used as a paint factory, transferring its lease to appellant and agreeing to buy the building when completed on monthly payments and to retake the lease. In case of default...

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