Purdy v. Carlson

This is an appeal by cross-complainants from portions of a judgment rendered against them in an action involving the interpretation of option clauses in two leases executed by the parties.

The record consists of a settled statement on appeal. It appears therefrom that in August, 1947, plaintiff Purdy leased two parcels of real property in Orange County to the defendants. The lease on the parcel described as the “Wilshire property” contained the following provision;

“It is further understood and agreed by and between the parties hereto that the lessee shall have the option, at any time during…