Schneider
Crystal Pier Co. v. Schneider
Opinion
Lead Opinion
Finlayson, J.
This is an appeal from the judgment following an order sustaining a demurrer to the complaint. The action was to recover rents alleged to be due from defendants as lessees under a written lease executed to them by one McDonald, as lessor.
The ease as made by the complaint, in so far as is necessary to an understanding of the question presented, is as follows: McDonald, the original lessor, transferred the lease and the property therein described to the Hollister Avenue Pier Company, a California corporation. Thereafter the Hollister Avenue Pier Company forfeited its - charter for nonpayment of the state license tax. Thereafter the persons who, at the date of the forfeiture, were the directors in office of the defunct corporation, as trustees of the corporation and its stockholders, “for the purpose of settling the affairs of said corporation, and for the benefit of the creditors and stockholders thereof, granted, conveyed and assigned to plaintiff . . . all interest in or to the lease hereinbefore set forth, and the- moneys unpaid thereon. ’ ’
No brief has been filed on behalf of respondents. We are informed, however, by appellant’s brief that the demurrer was sustained upon the…