HOBSON, Justice.
Appellant, defendant below, leased a hotel, with equipment to appellee on April 11, 1946, at a total rental of $57,000, payable at the rate of $11,200 per year.
Under the lease appellee was required to deposit with appellant $11,200 as "* * * security for the performance by the lessee of all the terms, conditions, covenants and agreements * * *." It was provided that on default by the lessee the entire sum at the option of the lessor should...
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