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Equity-Bill To Remove Cloud From Title

Michigan Law Review

Plaintiff who was holder of a long term lease on the land and buildings in Chicago known as the Auditorium found that its plans for rebuilding so as to secure a return commensurate with its investment were seriously interfered with by the defendant lessors who took the position that wrecking the old building would constitute such waste as would work a forfeiture of the lease. The publicity of these claims, made the financial underwriters insist on a settlement of them before advances were made. Under this posture of affairs, the plaintiff filed a bill in the United States District Court …