Camerlo v. Howard Johnson Co.

OPINION

MENCER, District Judge.

On July 7, 1960, plaintiff Jean Camerlo and her husband, now deceased, entered into a written lease with William J. Boykin for twelve acres of unimproved land in Erie, Pennsylvania. Under the terms of the lease, Boykin was to commence construction of a motel and restaurant within six months at a cost of not less than $400,000. The lease granted the lessee the right to assign his interests under the lease and to exercise an option to purchase the property after July 7, 1980 for the sum of $200,000. The lease also contained certain restrictions prohibiting…