GRADY, J.
Belle O. Brayton was the owner of business property in Everett, Washington. She had leased it to the Washington Gas & Electric Company for a rental of $250 per month. During the term of the lease, the lessee had subjected itself to the jurisdiction of the bankruptcy court in the state of New York and a trustee had been appointed.
In 1943, respondents entered into negotiations with the lessor to renew their lease for a term of five years, commencing...
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