Boulevard Investment Corp. v. Boulmay

McBRIDE, Judge.

Boulevard Investment Corporation, which in the year 1950 acquired the property known as 3239 Gentilly Boulevard, New Orleans, seeks to rescind a certain written lease covering said property which had been entered into in 1944 between Walter C. McGee, the then owner, and the defendant, Gardner C. Boulmay.

*918The said lease was for an initial- period of 120 months commencing on the first day of January, 1945, and ending on the thirty-first day of December, 1954, in consideration of a monthly rental of $65.12. The contract provided that the lessee was granted the option, at the…