Charles Anthony Lohmann v. Renna C. Bellah, and George B. Hall, Third Party

The appeal is from the dismissal at trial, after receipt of the plaintiff’s evidence, of a diversity suit for specific performance of an option to purchase 4,390 acres of Oklahoma ranch land. We affirm.

Plaintiff had a lease upon the property for a term running from September 1, 1964, to September 1, 1968. Included in it was a provision that “Upon the termination, Lessee shall surrender possession of the leased premises; however, at such time, Lessee is to have an option to re-lease or to purchase the premises at a price that the Lessor would be willing to accept from another party”. The de…