Feltman v. Compton

On September 10, 1932, the defendant gave a written lease of a store in her building in Albany, New York, to Louis Goldberg for five years commencing October 1, 1932, and he took possession. The lease provided that $1000 should be paid by the tenant to the defendant upon its execution and $1500 additional by monthly instalments, to “be held by the landlord as security for the full and faithful performance of all the covenants” on the tenant’s part, and to be returned at the expiration of the term if the tenant fully and faithfully performed. On September 12, 1932, Goldberg deposited $1000…