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IN RE CLERC CHEMICAL CORPORATION

No. 4859A.

52 F.Supp. 109 (1943)

In re CLERC CHEMICAL CORPORATION.

District Court, D. New Jersey.

October 22, 1943.

Attorney(s) appearing for the Case

William Harris, of Newark, N. J. (George Furst, of Newark, N. J., of counsel), for trustee.

William K. Flanagan, of Newark, N. J., for petitioner Reilly Tar & Chemical Corporation.

FAKE, District Judge.

The issues here arise on a Referee's certificate of review.

It appears that in 1941 the Reilly Tar & Chemical Corporation, as lessor, made a written lease with Frederick D. Loeb as lessee. It contains a clause authorizing Loeb to assign to any corporation formed by him. Loeb formed a corporation known as Clerc Chemical Corporation and assigned the lease to that corporation. The assignment was made expressly "subject nevertheless to...

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