Properly construed, the contract in this case gave the lessees the right to cut and remove timber of specified dimensions from a described tract of land for five years from November 16, 1940, with an option after that time to extend the right to cut and remove such timber for such additional period, not exceeding five years, "as may be desired," the lessees to pay six percent of the original purchase-price for such extended time as they may elect to take, "the same to become due and payable at the end of each additional year, so long as the privileges are exercised." In order for the lessees to extend the time stated in the contract, it was necessary that the option be exercised at the expiration of the five-year term or immediately thereafter by some act manifesting their intention to do so. Edmondson v. Boyd Lumber Co.,
Judgment affirmed. All the Justices concur, except Duckworth, P. J., who dissents.
