Cowart v. Prater

FOSTER, Justice.

The question in this case relates to the nature of appellant’s right in an option granted him by respondents Carl Busey and wife contained in a lease to him by them of a dwelling house in Rockford. Relief was denied him, and he has appealed.

The question calls for a construction of paragraphs 4 and 5 of the lease, in which the option is set out. It provides : ,

“Lessors reserve the right to sell the said leased property, first giving the lessee the right to purchase the same at the proposed sale price. Lessee shall exercise his right to purchase the same within ten days after…