Exeter Company v. Holland Corporation

On Rehearing.

[Bn Banc. July 6, 1933.]

Mitchell, J.

This cause was heard in a department of the court and a decision was reached. Thereafter, a rehearing was granted, and the cause has been heard En Bcmc.

The controversy arises out of a lease, dated February 5, 1927, executed by the Exeter Company, a corporation, as lessor, to the Moon Realty Company, a corporation (afterwards Holland Corporation, a corporation), to certain improved business property in Seattle for the term of ninety-nine years. The lessee took possession of the property and operated it.

Under the contract, the lessee agreed to…