McCrory Stores Corp. v. Tunnicliffe

The State Bank of Orlando Trust Company were in possession of certain property in the City of Orlando under a twenty-year lease from the first day of April, 1907, executed by one T. J. Watkins, the predecessor in title to the appellant herein. On the fifth day of April, 1918, Thomas J. Watkins, the then owner of the said property, gave to the said State Bank of Orlando, the name of said bank being subsequently changed to the State Bank of Orlando Trust Company, an option "to be exercised before the close of its term to demand and receive a renewal of the said lease, for a further period of…