U. S. Enterprises, Inc. v. Mikado Custom Tailors

250 Ga. 415 (1982)

297 S.E.2d 290

U. S. ENTERPRISES, INC.

v.

MIKADO CUSTOM TAILORS.

39114.

Supreme Court of Georgia.

Decided November 30, 1982.

Rehearing Denied December 14, 1982.

Edward E. Carriere, Jr., for appellant.

B. J. Smith, for appellee.

SMITH, Justice.

Appellant U. S. Enterprises leased certain premises to appellee Mikado Custom Tailors for a period of one year commencing September 1, 1980, and ending August 31, 1981.[1] A clause of the lease provided: "Lessee has first right of refusal to renew lease at renewal day for a two (2) year period with 10% increase in rental." On August 31, 1981,…