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6701 REALTY v. DEAUVILLE ENTERPRISES

84 So.2d 325 (1955)

6701 REALTY, Inc., a Florida corporation, Appellant, v. DEAUVILLE ENTERPRISES, Inc., a Florida Corporation, and Deauville Realty Co., Inc., a Delaware Corporation, Appellees.

Supreme Court of Florida. Special Division B.

Rehearing Denied January 23, 1956.

Attorney(s) appearing for the Case

Sibley & Davis, Marion E. Sibley and Milton E. Grusmark, Miami Beach, for appellant.

Williams, Solomon & Katz, Miami, for appellees.

THORNAL, Justice.

Appellant, defendant below, appeals from a decree appointing a receiver and terminating a lease pursuant to a complaint filed by the appellees. Appellees, as lessors, executed to appellant, as lessee, a ten-year lease which included the following provisions:

"The Lessee upon the execution of this lease will forthwith deposit with the Lessor $115,000.00 in cash, certified or cashier's check, which the Lessor will hold as security for the...

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