Conover v. Sterling Stores Co.

The Chancellor.

It is admitted that the rent was paid in full to July 25, 1922. The receivers contend that nothing is due for rent since that date. They base their contention on the propo*28sition that they were entitled to elect, and did elect, to terminate the lease, thereby cancelling all claims for rent yet to accrue under it. The petitioners contend that if the right to terminate the lease be conceded, yet, under the Delaware statute (Rev. Code 1915, § 4595), the lessors are entitled to be paid a full year’s rent, and that the same is due them whether the rent be in arrear or growing due. In…