Binsse v. . Wood
New York Court of Appeals
Ok the 27th of January, 1853, John La Farge and Charles Wright entered into an agreement in writing and under seal, by which La Farge demised to Wright the premises then built up and known as Metropolitan Ha'll, and the premises adjoining, fronting on Broadway, in the city of Hew York (on which La Farge was then erecting a hotel), for the period of ten years, from May 1, 1853, at the annual rent of $48,000, payable in equal monthly payments of $4,000 each, “on the first day…
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Ok the 27th of January, 1853, John La Farge and Charles Wright entered into an agreement in writing and under seal, by which La Farge demised to Wright the premises then built up and known as Metropolitan Ha'll, and the premises adjoining, fronting on Broadway, in the city of Hew York (on which La Farge was then erecting a hotel), for the period of ten years, from May 1, 1853, at the annual rent of $48,000, payable in equal monthly payments of $4,000 each, “on the first day of every month, after the rent should commence, as thereinafter provided.” And it was agreed that “ the rent should…
1Opinion of the Court
Hunt, Ch.J.
If the parties to this action were La Farge and Wright, scarcely a question could be raised. They made a lease and contract, by which it was agreed that certain buildings should be finished and fitted up byLa Farge; that the same should be taken by Wright for a designated period, at a stipulated rent; and that the time when the rent should commence to run should be fixed by the mutual award of Philip Burrowes and Charles E. Appleby, and the intervention of an umpire, if needed. They further agreed upon a mode of obtaining a new arbitrator, in case either of those named should…
2Cases cited1 opinion
- Bruff v. . MaliNew York Court of Appeals · 1867
3Cited by26 opinions
- Mandel v. LiebmanNew York Court of Appeals · 1951
- Martin v. . Home BankNew York Court of Appeals · 1899
- Shire Realty Corp. v. SchorrAppellate Division of the Supreme Court of the State of New York · 1977
- Grand Rapids Lumber Co. v. BlairMichigan Supreme Court · 1916
- Grant v. . SmithNew York Court of Appeals · 1871
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