Boteler v. Koulouris

WILLIS, J., pro tem.

On February 20, 1926, appellants leased certain real property to Great Western Sea Food Company, Inc. (hereinafter called “company” for brevity), for the term of ten years, by an instrument in writing which, among other provisions, recited that the sum of $5,000 had been deposited by the company with appellant lessors “to insure its good faith in the performance of all the terms,-conditions and covenants of the within lease, it being understood between the parties hereto that in the event that all of the terms, conditions and covenants of said lease are fully performed,…