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Insurance-Right Of Lessor To Retain Proceeds When Lessee Under Duty To Repair
Insurance-Right Of Lessor To Retain Proceeds When Lessee Under Duty To Repair
Michigan Law Review
Plaintiff, lessee, covenanted to keep the leased premises in repair. His lease contained an option to purchase. During his term the building burned, and the lessor recovered on his policy. The plaintiff then elected to exercise his option, and, upon vendor's refusal to apply the insurance proceeds on the purchase price, brought this action against the lessor and the insurer. Plaintiff's argument, that, had he repaired, the loss would actually have fallen on him, and that his purchase had the same ultimate effect, did not appeal to the court, and it was held that defendant-lessor-vendor might retain the insurance money. …
Landlord And Tenant--Liability Of Landlord To Adjacent Owner For Nuisances Created By The Tennant
Landlord And Tenant--Liability Of Landlord To Adjacent Owner For Nuisances Created By The Tennant
Michigan Law Review
L's lands, which occupied the bed and west bank of Santiago Creek, separated P's land from the creek. T held under a lease from L. T excavated for sand, rock and gravel in such a way as to constitute a nuisance. By mutual agreement L and T cancelled the old lease and entered into a new one. Subsequent to the new lease a flood occurred and, as a result of the previously created nuisance, part of P's land was washed away. P sued L. The court instructed that if a nuisance were created during the first lease and was in …
Equity - Conditional Rescission For Unilateral Mistakes
Equity - Conditional Rescission For Unilateral Mistakes
Michigan Law Review
Lessee submitted a lease containing an option for renewal to the attorney of the lessor. Being informed by 'the lessor's attorney that the lessor probably would not accept the lease with the option for renewal, the lessee submitted another without this feature. The lessor by mistake signed the lease containing the option and mailed it to the lessee. Lessor sued for rescission. Held, rescission granted on condition that the lessor give the lessee a privilege of taking the lease the lessor intended to sign. Miller v. Stanich (Wis. 1930) 233 N.W. 753.
Adverse Possession-Interests Thereby Created And Extinguished
Adverse Possession-Interests Thereby Created And Extinguished
Michigan Law Review
One F., the owner of premises, executed a lease thereof to T. from year to year. A. took possession under T. as a tenant at will, and remained for more than the period of the statute of limitations. (Under the applicable statute the possession of a tenant at will becomes adverse after the first year.) F. then died and the land was sold by the executors to T. Upon T's death, plaintiff, his successor in interest, brought action to recover possession from the widow of A. who had recently died. The defendant claimed that since she was entitled to notice …
Injunction-Against Tort-Balance Of Convenience
Injunction-Against Tort-Balance Of Convenience
Michigan Law Review
The defendant railroad company held a lease for a right of way to and from the complainant's flour mill. In violation of their lease, and over the protest of the plaintiff, a side track was run from the branch track of the complainant to the track of the Litchfield Dairy Association and later extended to the plant of the defendant association, a competitor of the complainant. Held, the complainant was entitled to a decree restraining the defendants from moving cars for the defendant association over the complainant's side track. Affirmed. Stock and Sons v. Litchfield Coop. Shipper's Ass'n. et …
Specific Performance-Uncertainty Of Contract
Specific Performance-Uncertainty Of Contract
Michigan Law Review
Bill for specific performance of a contract made with defendant's assignor. Defendant was the assignee of some leases, and took with notice of the contract with his assignor. By the contract the owner of the leases "sold, and does sell" to plaintiff all the natural gas that he might produce under them. Either party was given the right to terminate if production fell below a certain point, and it was also provided that unless terminated under this provision, the contract was to remain in force during the entire time that gas was produced "in paying or marketable quantities." Defendant showed …