Stevens v. Curtis

On May 26, 1947, the defendant leased 71 acres of land in the “Pauma Rancho” to the plaintiffs for two years, with an option to buy. The agreement provided for a rental of $15,000 payable in advance and $15,000 payable on December 1,1948, with an option to purchase the property prior to May 31, 1949, by paying an additional $5,000 and giving a note and trust deed for $35,000. It was agreed that the plaintiffs should pay all water bills and “all water assessments levied; during the term of the lease; that the plaintiffs should have the right to vote the defendant’s water stock in the Pauma…