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IN RE WILMINGTON SPEEDWAY

No. 1554.

167 F.Supp. 630 (1958)

Matter of WILMINGTON SPEEDWAY, Inc., Debtor.

United States District Court D. Delaware.

November 14, 1958.

Attorney(s) appearing for the Case

Vincent A. Theisen and Aubrey B. Lank, Wilmington, Del., for Wilmington Speedway, Inc.

Albert W. James and Arthur J. Sullivan, Wilmington, Del., for Hessler, Inc.

LAYTON, District Judge.

Hessler Realty and Development Co. (Hessler) and Wilmington Speedway, Inc. (Speedway) entered into a lease on November 29, 1951, whereby certain property 1½ miles south of Wilmington on the duPont Parkway was leased to the latter. The lease was for a period of five years from May 1, 1952, until April 30, 1957. An automobile track for stock car racing was erected upon the premises together with grandstands, light standards, etc. Under the...

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