AMCO TRUST, INC. v. NAYLOR

No. A-6824.

317 S.W.2d 47 (1958)

AMCO TRUST, INC., Petitioner, v. P. C. NAYLOR, Respondent.

Supreme Court of Texas.

October 29, 1958.


Attorney(s) appearing for the Case

Matthews, Nowlin, Macfarlane & Barrett, San Antonio, Lewis T. Tarver, Jr., San Antonio, for petitioner.

James C. Brady, San Antonio, for respondent.


WALKER, Justice.

On the principal question in this case, we hold that the owner of a security interest in a leasehold estate who takes possession of the leased premises does not thereby become an assignee and liable as such to the lessor for the payment of rent under the terms of the lease.

P. C. Naylor, respondent, leased a one story building in San Antonio to South Texas Kitchens, Inc., hereinafter referred to...

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