Ralph v. Deiley

Opinion by

Mr. Justice Kephart,

The appellants leased a property in the City of Bethlehem to the firm of Deiley Brothers Company for five years. The rent stipulated was $18,000, payable in monthly installments, $300 in cash at the beginning of each year of the lease, and eleven bankable notes in like sum for the remainder of that year; one note falling due each month. The lease provided, among other things, that, in the event of removal before the expiration of the term, all rentals for the entire term should immediately become due and payable, and on the removal of personal goods from the…