Chifici v. Bank of New Orleans

SCHOTT, Judge.

Defendant has appealed from a judgment in favor of plaintiff in the amount of $2550 for the rent of premises on Odeon Street in the Algiers section of New Orleans. Since May 1, 1960, defendant had leased from plaintiff the subject premises for use as a branch bank. Initially the rent was $350 per month, and after a number of extensions with corresponding in*485creases the rent for the final year of the lease between June 1, 1972, and May 31, 1973, was $550. As the end of the lease approached both parties were aware that defendant was constructing a new branch bank at another…