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SELECT LAKE CITY TH. OP. CO. v. CENTRAL NAT. BANK IN CHICAGO

No. 12861.

277 F.2d 814 (1960)

SELECT LAKE CITY THEATRE OPERATING CO., Appellant, v. CENTRAL NATIONAL BANK IN CHICAGO, as Trustee under Trust Agreement Dated December 14, 1951 and known as Trust No. 2626, Appellee.

United States Court of Appeals Seventh Circuit.

Rehearing Denied June 7, 1960.

Attorney(s) appearing for the Case

Sidney R. Zatz, Richard Z. Rosenfeld, Chicago, Ill., for appellant. Arvey, Hodes & Mantynband, Chicago, Ill., of counsel.

Sidney Z. Karasik, Harold T. Berc, Chicago, Ill., for appellee.

Before DUFFY and CASTLE, Circuit Judges, and MERCER, District Judge.

DUFFY, Circuit Judge.

On July 14, 1947, a lease was executed between G. N. Corporation, as Lessor, and Select Lake City Theatre Operating Company (Select) as Lessee, for a twenty-year term commencing September 1, 1947. G. N. Corporation was then the owner in fee simple of the real estate described in the lease, but the property was conveyed in 1951 to the bank under a trust agreement subject, however, to Select's rights under the lease described.

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