In 1893, Atlantic Mills leased property to Riverside Worsted Mills. The lease did not restrict its assignment nor did it provide that an assignee assumes the obligations of the lessee/assignor for the remainder of the original lease. In 1934, the lease was assigned to the American Woolen Company (defendant) and was assigned twice more thereafter. None of the assignments provided that the assignee would assume responsibility for paying rent for the remainder of the lease. A.D. Juilliard & Co. (plaintiff), who is Atlantic Mills’ successor in interest, sued defendant for unpaid rent. A.D. Juilliard & Co. appealed the superior court’s decision favoring American Woolen Company.