Conos v. Sullivan

This is a bill in equity to compel specific performance of a covenant for renewal in a lease of certain premises. The lease, dated August 18, 1919, was for the term of five years .from date; and was given by Daniel R. Sullivan, who was then the owner of the premises but died before the bill was brought. The defendants are his sole heirs at law. The covenant for renewal is as follows: “ It is also agreed that the lessee may renew this lease for a further term of five years at a rent proportional to the increased valuation of the property, if any, provided the lessee notifies the lessor in…