Casino Amusement Co. v. Ocean Beach Amusement Co.

This was a suit at law to recover the sum of $25000.00 which had been paid under a lease by which the lessor demised to the lessee certain premises known as “Hardie’s Casino” for a term of ninety-nine years, commencing January 1, 1925, in consideration of rent payments, at the rate of $20,000.00 a year for the first five years, with increases thereafter during the term.

The lease provided that the sum of twenty-five thousand dollars “paid at the time of the signing of the lease, the receipt of which is hereby acknowledged, shall be credited as rent for the last year of this lease. ’ ’

It also…