Standard Oil Co. of N.J. v. Newark

The opinion of the court was delivered by

Porter, J.

The relief sought by the bill of complaint in this case was to reinstate a lease between the parties or in the alternative to compel the respondent to pay the appellant $25,000 in accordance with the provision of a contract between them.

The matter was heard by Yice-Chancellor Bigelow who advised a decree denying either relief prayed for. The appeal is from the decree so advised.

The facts are not in dispute. It appears that on March 22d, 1929, the respondent leased to appellant land in its airport for a term of ten jrears expiring March 31st,…