65-10-113 - Lessee holds subject to burdens against lessor.

65-10-113. Lessee holds subject to burdens against lessor.

The lessee of any railroad shall hold such road subject to the liens and liabilities to which it was subject in the hands of the lessor, and be bound for all payments for which the lessor was liable.

[Code 1858, § 1123 (deriv. Acts 1857-1858, ch. 8, § 3); Shan., § 1539; Code 1932, § 2609; T.C.A. (orig. ed.), § 65-1022.]