Pettit v. Tourison

Opinion, by

Mr. Justice Schaffer,

This case involves the construction to be placed upon a written lease, which provided for a term of seven years from June 1, 1916, at an annual rental of $2,500, payable in monthly payments; it contained the following provisions: “11. The lessor grants unto the lessee the privilege of renewing this lease for a term of five years after the expiration of the seven-year term ending June 1, 1923, under the same terms and conditions as herein covenanted.” “14. The lessor grants unto the lessee the right to purchase the property herein described at any time during…