ATLANTIC GREYHOUND CORP. v. SMITHDEAL

No. 377 Civ.

98 F.Supp. 385 (1951)

ATLANTIC GREYHOUND CORP. v. SMITHDEAL et al.

United States District Court M. D. North Carolina, Winston-Salem Division.

June 27, 1951.


Attorney(s) appearing for the Case

Womble, Carlyle, Martin & Sandridge, Winston-Salem, N. C., for plaintiff.

Deal & Hutchins, Winston-Salem, N. C., for defendants.


HAYES, District Judge.

This controversy arises over the interpretation of a written contract by the terms of which the defendants leased certain unimproved real estate to the plaintiff for a term of fifteen years at a fixed rent per month throughout the entire term, but plaintiff was to erect the improvements for a bus station and pay the taxes. The agreement also contained an option to purchase the premises as follows: (1) during the first year the purchase price...

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