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GENERAL ELECTRIC R. CORP. v. FIRST NAT. BANK-DETROIT

No. 14759.

23 F.Supp. 664 (1938)

GENERAL ELECTRIC REALTY CORPORATION v. FIRST NAT. BANK-DETROIT.

District Court, E. D. Michigan, S. D.

May 5, 1938.

Attorney(s) appearing for the Case

Bulkley, Ledyard, Dickinson & Wright, of Detroit, Mich., for plaintiff.

Robert S. Marx and Lawrence I. Levi, both of Detroit, Mich., for defendant.

LEDERLE, District Judge.

Plaintiff, a corporation organized and existing under the laws of the State of Delaware, is the assignee of the lessor's interest in a certain lease covering premises located in the City of Detroit, and the defendant is the lessee. The lease reserved stipulated rentals and was for a period of 25 years, starting on the 1st day of January, 1928. Defendant First National Bank-Detroit, is an insolvent national banking association.

Plaintiff...

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