WALLER, Circuit Judge.
On the 20th of April, 1925, J. B. Langham, in consideration of the sum of $52,500.00 in cash and the agreement of the grantee to pay, for a period of ninety-nine years, a monthly rental of not less than $500.00, executed to The City National Bank of Beaumont, a deed, or ninety-nine-year lease, to certain lots in the City of Beaumont. The Bank, as a part of the consideration, also covenanted, within thirty-five years, to replace the building...
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