Springer v. Borden

The Branch Appellate Court for the First District affirmed the decree of the superior court of Cook county finding the value of lot 3, in block 117, of the school section addition to Chicago to be $450,000 on January 1,1902, as a basis for fixing the rent to be paid by plaintiff in error, as lessee, to defendant in error, as lessor, for the period of ten years beginning at said date. There was a former suit between said parties for the purpose of fixing the rent for the previous ten years beginning on January 1,1892, and the provisions of the lease with reference to valuation are contained in…