Schick v. Davenport Realty Co.

On or about the 20th day of December, ’ 1919, appellee was the owner of certain property in the city of Davenport, and on said day entered into a written agreement with one Smith, whereby the said premises were leased to the said Smith for a term of six years from and after January 1, 1920. The said lease provided for a yearly rental, to be paid in monthly installments, and contained a provision giving to the lessee an option at any time during said term to purchase a one-half interest in said described real estate, on certain terms and conditions with respect to the assumption of outstanding…