Holt v. Warren

MURRAH, Circuit Judge.

The trial court decreed a cancellation of a lease on a theater building in Oklahoma City, and gave judgment on an accounting against the appellant, lessee, based upon a finding that he had not truthfully accounted to the appellee, lessor, for rentals accruing under the lease contract. The lease was for a primary period of five years from October 10, 1942, with the option in the lessee to extend it for an additional five year period upon written notice. It provided for a weekly rental, based upon a graduated percentage of the gross receipts from admissions, sale of…