39 Cortlandt Street Corp. v. Lambert

McAvoy, J.:

The premises 39-41 Cortlandt street were held by Joseph P. Day as substituted trustee under title granted by the will of J. Monroe Taylor, deceased. In November, 1917, Mr. Day, as trustee, leased the stores to defendant Lambert for five years commencing on May 1, 1918, and expiring May 1, 1923. In February, 1919, Mr. Day, as trustee, offered Mr. Lambert the privilege of renewing the lease for a further term of three or five years from May 1, 1923. Mr. Lambert accepted the offer and on November 7, 1919, a lease of the stores to Mr. Lambert for a further term of five years from May…