Brownell v. Burlington Fed. Sav. & Loan Ass'n

This is a petition for a declaratory judgment to construe a lease. It appears from the findings of the county court that the plaintiffs are the owners of the so-called Brownell-Hawley Block in Burlington. In 1937 the plaintiffs’ predecessors in title entered into a lease of a portion of this block with the Burlington Building and Loan Association. The habendum of the lease provides for a term of ten years, with the right of the tenant to extend the term for a further term of ten years, provided a certain notice is given of its election to so extend the term. The landlords covenant that the…