Bernard F. Maloy, James J. Carter and Patricia H. Maloy, individually and doing business as Maloy, Carter and Maloy, instituted an action based on false and fraudulent representations respecting a certain lease, claiming that by reason thereof they had been damaged in the sum of $5,000.00 actual and $10,000.00 exemplary damages, for which they sought judgment against Donald I. and Gladys May Griffith, the owners of the premises.