HAMLIN, Circuit Judge.
On or about September 21, 1956, H. Greenway Albert and Maja Greenway Albert, husband and wife, appellants and lessors, leased to Ira B. Joralemon, appellee and lessee, certain mining claims in Arizona. The lease required the lessee to make monthly payments of $1,000 and to make additional quarterly payments of $7,000, beginning with the quarterly payment due November 8, 1956. The lease also contained clauses giving the lessee the right to terminate...
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