5629 Corp. v. Ideal Lighting Fixtures Co.

PEDEN, Justice.

Appeal from a summary judgment in favor of the plaintiffs in their declaratory judgment suit to construe two leases. The trial court determined that the plaintiffs gave the appellant timely notice of their intention to exercise their options to extend the leases and the court reformed one of the provisions in the leases.

Each lease provided on page two in Article II:

“The term of this Lease is for twenty (20) years commencing June 1, 1956 and terminating May 31, 1976, unless sooner terminated under any of the provisions contained herein.”

The provisions relating to the lessee’s…