Adler v. Kramer

This action is brought by tenants under a written lease to recover the sum of $5,000 deposited with the defendants, the landlords of the demised premises. The terms of the deposit, as specified in the lease, are as follows: “ It is further agreed upon the signing and delivery of these presents, the parties of the second part shall deposit with the party of- the first part, the sum of five thousand dollars ($5,000) the same to be received and held by the party of the first part by way of security for the faithful performance of the conditions and cbvenants of this lease, and privilege of…