Taliaferro
Signal Oil & Gas Co. v. Taliaferro
Opinion
Opinion
Sullivan, J.
This is an appeal from a judgment in favor of the plaintiff in interpleader, Signal Oil and Gas Company, hereafter referred to as Signal, discharging it as lessee of certain real property from liability to the lessor and other claimants for rent accruing under the terms of the lease, upon compliance with certain conditions set forth in the judgment. Appellant appears here as he did below, in propria persona.
According to the complaint in interpleader, filed March 17, 1960, Bankline Oil Company, hereafter referred to as Bank-line, a California corporation and Signal’s predecessor in interest, on August 26, 1955, leased from Eugene A. Taliaferro, appellant herein, for a term of 10 years and 10 months, certain real property in San Pablo, Contra Costa County, to be used as a gas station. The lease provided for monthly payments of rent, calculated on the gasoline sold, but not less than $300 nor more than $550. Bankline went into possession on June 1, 1956. Thereafter, on July 10, 1959, it was merged with and into Signal, which acquired all rights and became subject to all liabilities of Bankline under the lease.