Hindu Incense Manufacturing Co. v. MacKenzie

The meaning of “during

the term of this lease” in a lease giving lessee an “option to renew for an additional term,” has been determined by an unbroken line of decisions in this State. As early as Hunter v. Silvers, 15 Ill. 174 (1853), the court said (176): “But the question here arises, Was there a present demise for more than the one year? Was there an actual lease for more than the one term specified? The very statement of the contract shows that there was not. There was a positive lease for one year, with a right to the lessee to have another lease of the same premises at the end of that…