Puget Mill Co. v. Kerry

The plaintiff, Puget Mill Company, a corporation, has for many years been the owner of lots located at the southwest corner of Second avenue and Seneca street, in the city of Seattle. During the month of March, 1901, the property being then unimproved, plaintiff executed a fifty year ground lease thereof to Moore Investment Company, a corporation, commencing May first following. By the terms of this instrument, the lessee bound itself to erect on the property, at its own expense, by June 1, 1902, a store and office building, according to specifications contained in the lease, to cost not less…