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KING v. PETROLEUM SERVICES CORPORATION

No. 2128.

536 P.2d 116 (1975)

John J. KING and Polaris Drilling Company, Inc., Appellants, v. PETROLEUM SERVICES CORPORATION, an Alaska Corporation, Appellee.

Supreme Court of Alaska.

June 2, 1975.

Attorney(s) appearing for the Case

David B. Ruskin, Anchorage, for appellants.

Thomas P. Owens, Jr., and Richard J. Riordan, Jr., for Owens, Davis & Bartlett, Anchorage, for appellee.

Before RABINOWITZ, C.J., and CONNOR, ERWIN, BOOCHEVER and FITZGERALD, JJ.

OPINION

PER CURIAM.

Petroleum Services Corporation, the lessor of certain commercial real property, enforced the rental acceleration clause of a lease against the lessee, John J. King, d/b/a Polaris Drilling Company, Inc. This appeal followed.

In October of 1969, Petroleum Services entered into a written lease with Polaris for the rental of warehouse and office space in a commercial building in Fairbanks. The term of the lease ran from December 1...

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