Ready v. Safeway Rock Company

TERRELL, J. :

In December 1938, C. H. Morton executed a ten year lease to Safeway Rock Company, a Florida Corporation, with option to renew for a like period. In July 1944, Robert W. Ready purchased the lands covered by the lease, including an assignment of Morton’s interest in the lease. The lease provided that within ninety days Safeway Rock Company, erect “a plant and equipment of capacity sufficient to produce five hundred tons of crushed rock per day from the leased lands.”

In May 1945, appellant, Robert W. Ready filed his second amended bill of complaint in the circuit court, praying for…