Glenn v. Tide Water Associated Oil Co.

Bramhall, Vice Chancellor:

Plaintiffs are husband and wife and are the owners and lessors of a piece of land at 1814 Delaware Avenue, in the City of Wilmington, upon which is located a gasoline service station. On May 1, 1939, plaintiffs entered into a written agreement with defendant, under the terms of which plaintiffs leased to defendant the property in question for a term of three years at a rental of one cent per gallon for each gallon of defendant’s gasoline sold on the premises during the term with a minimum rental of $60 per month for each full year of the term of the lease. Defendant…