Burnham v. Henderson

On August 16, 1926, appellants and respondent executed a written agreement by the terms of which respondent leased to appellants certain real and personal property for a period of three years. In addition to a monthly rental therein provided to be paid, the lease provided that appellants should pay respondent the sum of $300 and execute and deliver to him a note for $200, the same to be held and retained by respondent as security for the life of the lease. Upon the execution of the lease and the payment by appellants of the $300 and delivery of their note for $200, they went into possession…