Taylor v. West

The defendants entered into possession of certain lands as transferees of a lease executed by the plaintiff’s testator, leasing certain lands to the lessee for turpentine purposes. The lease was for a period extending from the first of December, 1905, to “the end of the turpentine season, 1910,” and gave to the lessee or the transferees of the lease “the privilege of renewing said contract at $5.00 per annum.” Held:

1. The clause last quoted from the lease contained an option of renewal. And when the defendants, being in possession of the land at or about the close of the term for which it was…