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STATE BD. OF PUB. AFFAIRS v. PRINCIPAL FUNDING CORP.

No. 47590.

542 P.2d 503 (1975)

STATE BOARD OF PUBLIC AFFAIRS, State of Oklahoma, et al., Appellants, v. PRINCIPAL FUNDING CORPORATION, a Delaware Corporation, Appellee.

Supreme Court of Oklahoma.

October 28, 1975.

Attorney(s) appearing for the Case

Larry Derryberry, Atty. Gen., Allen K. Harris, Asst. Atty. Gen., William W. Gorden, Jr., Legal Intern, for appellants.

Robert N. Wilde, Robert E. Miles, Tulsa, for appellee.

IRWIN, Justice.

This is the second time this controversy has been considered by this Court.

Principal Funding Corporation (Appellee) owned certain real property and entered into a written agreement for its rental with the proper State officials. Appellant (State) refused to pay certain installments due under the agreement on the grounds the agreement had been legally terminated pursuant to its terms and it (State...

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