Standard Realty Co. v. Gates

This bill prays the specific performance of a contract for the sale of land and an office building erected thereon, located in the city of Asbury Park. The complainant is the vendor and the defendant the vendee. The terms of the contract are not in dispute. The purchase price of the property was $150,000. The contract contained the following clause:

"This sale is made subject to the following leases now on the building:

S.S. Adams Company, lease expires April 1st, 1932.

May Epstein, lease expires April 1st, 1930.

Max Eisenberg, lease expires April 1st, 1926.

Calogers Aguiliano, lease expires April…