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WROTEN v. MOBIL OIL CORPORATION

315 A.2d 728 (1973)

Jennings C. WROTEN and Beatrice D. Wroten, his wife, Defendants Below, Appellants, v. MOBIL OIL CORPORATION, a corporation of the State of Delaware, Plaintiff Below, Appellee.

Supreme Court of Delaware.

December 28, 1973.

Attorney(s) appearing for the Case

Clement H. Wood of Allmond & Wood, Wilmington, for Jennings C. Wroten and Beatrice D. Wroten.

James F. Kipp and Dennis D. Ferri, of Becker & Kipp, Wilmington, for Mobil Oil Corp.

Before HERRMANN, C. J., CAREY, J., and TAYLOR, Judge, sitting.

TAYLOR, Judge.

This is an appeal from an order of the Court of Chancery granting specific performance of a lease agreement.

I

Defendants, owners of a property in Newport, Delaware, entered into an agreement dated October 16, 1969 leasing the property to plaintiff, subject to certain terms and conditions hereinafter discussed. Defendants received nominal consideration ($10.00) upon their execution of the...

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