Meadow Heights Country Club v. Hinckley

In this case we determine whether the following- option to purchase expired at the end ,of 10 years, or remained until the expiration of the full holding under the lease. The lease was made February 25, 1905:

“For the term of ten years from and after the 24th day of February A. D. 1905, with the privilege of a renewal for five additional years, on the same terms. * * *

“First parties do hereby bargain and sell unto second party the exclusive right and option to purchase the premises hereinbefore described, at a price not to exceed one hundred twenty-five dollars ($125.00) per acre, provided,…