Majority
Headnote
1. Landlord and tenant—Lease—Reformation of—Covenant for renewal—Perpetuities.On the 10th day of April, 1810, the city of New York executed to Peter Lorillard a lease demising to him certain premises for a term of thirty years, ending on the 1st day of May, 1840. The lease was executed by both parties, and in it the city agreed that at the expiration of the term, to wit, May 1, 1840, it would demise the premises to him, his assigns, etc., “for and during the term of twenty-one. years thereafter, with a like covenant for future renewals of the lease as is contained in this present indenture.” On February 1, 1839, Lorillard assigned the lease to John Syms, who thus became substituted in his place. On the 1st day of April, 1840, the city executed a lease of the same premises to John Syms for another term of twenty-one years, in which it covenanted that at the expiration of that lease, to wit, May 1, 1861, it would again demise the premises, “ in pursuance of this present lease, * * * for and during the term of twenty-one years thereafter, upon such rents as shall be agreed upon,” or determined by two sworn appraisers and an umpire. On the 20th of Ayril, 1861, the city executed a third lease rto John Syms for twenty-one years from May 1, 1861. That lease contained no covenant for renewal, and in it Syms covenanted that at the end of that term he would peaceably and quietly leave, surrender, and yield up to the city, or its successors or assigns, all of' the demised premises. Syms died in 1868, having some years before his death erected a valuable building upon the premises. In April, 1880, the city sold the premises to John B. Haskin. Thereafter, in October, 1880, the plaintiffs, as executors of Syms, commenced this action, alleging in their complaint, among other things; the facts herein before stated, and praying that the city be adjudged to reform the leases dated April 1, 1840, and April 20, 1861, by inserting therein a covenant for a
We are of opinion that the verdict was properly directed. The lease executed in 1810 should not be so construed as to create a perpetuity. Rutgers v. Hunters, 6 Johns,, Ch. 215 ; Carr v. Ellison, 20 Wend., 178 ; Piggot v. Mason, 1 Paige, 412; Banker v. Braker, 9 Abb., N. C., 411 . Its language is satisfied by holding that it gave the lessee the, right to two renewals, and those renewals were subsequently given; and it must be assumed that the parties so understood the first lease. The two renewals, signed by both parties, gave that lease a practical construction, which should have great weight with any court called upon to ascertain its meaning and effect.
But the second lease, executed in 1840, which then defined the rights of the parties, contained a covenant for but one renewal. In the last lease there was no covenant for renewal, and in that lease the lessee absolutely covenanted at the end of his term to surrender up the premises to the lessor. So long as that lease remained in its present form, neither the lessee, nor any person claiming under him, could assert any right to the premises after its termination. It defines the precise rights of the parties in the demised premises, and neither could assert anything’ in contravention of it.
This action was brought mainly for the purpose of reforming the last two leases. But there was no proof of any mistake, or fraud in their execution, or in the terms inserted in them; and, therefore, even if the statute of limitations did not furnish a bar to the action to reform the leases, there was no basis or ground for their reformation. The plaintiff’s action therefore utterly failed, and a verdict was properly directed for the defendants.
The judgment entered upon the verdict provides that the defendants should recover costs of the plaintiffs, and have execution therefor. At the general term it was also adjudged that the city should' recover of the plaintiffs, as executors, its costs, and should have execution therefor. The plaintiffs now complain of this provision for costs, and
The judgment should, therefore, be affirmed, with costs against the plaintiffs as executors.
All concur.