It will be observed that the quoted terms of the lease confers upon the lessee an option “to renew” it for a similar period of five years, and that they do not, in express terms, give him an option or privilege “to extend” the original term for a similar period on payment of the additional stipulated rent; and the old and much mooted question as to the effect of a holding over by the tenant and the acceptance of the rent provided for the elongated period upon a lease containing a stipulation for its renewal, is again presented. A technical difference is recognized by many of the courts between the effect of a stipulation for the “renewal” of a lease and one for its “extension,” while others treat them as practically the same in legal effect. 24 Cyc. 1018-19, and 16 R C. L. 895. The courts which recognize the distinction generally hold that where a renewal is provided for a new lease should be executed, or at any rate the lessee should do everything required of him to procure the execution of a new one, in which case the failure and refusal of the landlord to execute it would perhaps work an estoppel against him; and the same courts hold generally that a holding over by the lessee is a sufficient exercise of his option or privilege “to extend.” In other words the courts, which so hold, say .that in the one case a new lease must be executed, or its 'execution legally excused, and in the other one no re-execution of the lease is required. 16 R L. C. 894-895; Kozy Theatre Co. v. Love, 191 Ky. 595; Gault v. Carpenter, 187 Ky. 25; Hunt v. McChord, 179 Ky. 1; Mullins v. Nordlow, 170 Ky. 169; Miller v. Albany Lodge, 168 Ky. 755; Grant v. Collins, 157 Ky. 36; Ky. Lumber Co. v. Newell & Co., 32 Ky. L. R. 396; Brown v. Samuels, 24 Ky. L. R. 1216, and Elliott on Contracts, 1913 edition, volume 5, section 4557.