Dyer v. Owens

Opinion op the Court by

Commissioner Hobson—

Reversing on the original and cross appeal.

On February 1, 1914, the O. & O. Railroad leased to J. H. Nichols a lot in Shelby city. The lease was for a term “from the 1st day of February, 1914, to the 31st day of January, 1915, unless sooner determined as hereinafter provided.” Among other things, the lease contained these provisions:

“The said J. H. Nichols, lessee, hereby covenants and agrees that the said the Chesapeake and Ohio Railway Co., lessor, shall have the right, to terminate this lease at any time before the time fixed herein for the…