Lee v. Debentures Incorporated

In an action instituted by Cody Lee against Debentures' Incorporated for specific performance of an alleged oral contract for the purchase of property known as the Marino Building in Seattle, Washington, plaintiff averred that March 1, 1939, defendant offered to sell to her the property in question under a month-to-month lease agreement with an option to purchase the property; specifically, that the plaintiff agreed to pay fifty dollars monthly as rental with an option to purchase the property for $4,750, with a down payment of $350 and a monthly payment on the balance of fifty dollars.…