Hendrie & Bolthoff Manufacturing Co. v. Holy Cross Gold Mining & Milling Co.

*342Appellee Howe, as owner, leased to Kimball and Havens, for a term of three years, certain mining-property with the buildings, mills, machinery, tools and other equipments theretofore used in mining the same. The lease provided an option of purchase. Obligations of the lessee, imposed by the lease and pertinent to this ruling were to mine, operate and develop the property; to keep books of account wherein should be set down in detail all the expenses of operation, the amount paid for each item of mining supplies, tools, repairs and improvements, and to keep all buildings, machinery and…