London v. Tebo

The respective demurrers not having been argued are to be treated as waived, and the rights and obligations of the parties depend on the terms of the original lease under which the lessee London entered into occupation and enjoyment of the demised premises. It provides that the lessee shall have the option to purchase the property from Tebo, the lessor and owner, “ at any time during the continuance of this lease or any renewal thereof ” upon payment of the purchase price, the amount of which and mode of payment are specifically stated. The master finds that the lessee gave notice of his…