Rand v. Porter

This is an action of contract brought upon an option in writing, dated June 5, 1931, for a lease of a garage situated in Charlestown. The proposed lease was for a term of five years, at a rental of $4,000 per year, payable monthly in advance beginning June 5, 1931, with an option to renew the lease for a further period of five years at the same rental. The agreement recites, in part, that “This option may be accepted by the party of the second part or his assigns within thirty days from the date of this instrument.” The defendant resided in New York City, but he signed the paper in Boston,…