Seattle Lighting Fixture Co. v. Broadway Central Market, Inc.

This is an appeal from a judgment and decree foreclosing the lien claims of respondents against the fee title to certain real estate. One of the appellants is the owner of the fee and the other appellant holds a mortgage on the leasehold interest.

On January 31, 1928, a lease was entered into between the Pioneer Securities Company and the Broadway Central Market, Inc., under the terms of which the property involved in this action was leased for a period of ninety-nine years. Section 3 of the lease provided:

“Section 3. The lessee covenants and agrees, and such agreement is a consideration for…