Weisblat v. Open Road Campers, Inc.

OPINION

HALL, Justice.

Appellee leased some improved industrial property, located in Dallas County, from the owner, J. L. Williams & Co., Inc. The lease was for a term of five years, ending December 8, 1969, at a monthly rental of $2803.66. Appellants purchased the property from Williams & Co. in December, 1968, subject to appellee’s rights in the premises.

Clause 16 of the lease granted appellee “an option to renew this lease for an additional term of five years, on the same terms and conditions contained herein, and at the same rental rate cited herein. In the event Tenant elects to exercise…