(Download) "Western Ill. Oil Co. v. Thompson" by Supreme Court of Illinois # eBook PDF Kindle ePub Free
eBook details
- Title: Western Ill. Oil Co. v. Thompson
- Author : Supreme Court of Illinois
- Release Date : January 30, 1962
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
This case is before us on appeal from a decree of the circuit court of Knox County dismissing for want of equity the complaint for specific performance of an option to purchase certain real estate, and canceling and removing as a cloud upon the title an alleged lease and agreement pertaining to the same real estate. The plaintiff has appealed, contending the findings of the trial court are not supported by the evidence. The factual situation is relatively simple. Plaintiff, Western Illinois Oil Company, a corporation, entered into a written lease and agreement with defendant dated April 1, 1956, demising certain real estate to plaintiff for a term of five years with an option to plaintiff to renew for an additional five years on giving defendants written notice of the intent to exercise the extension privilege at least 30 days prior to the expiration of the term. An unnumbered paragraph immediately thereafter gave plaintiff an option to purchase the realty on the terms therein stated. The physical arrangement of the pertinent provisions of the lease is best portrayed by setting them forth as follows: