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LATHROP COMPANY v. LAMPERT

No. 4028.

583 P.2d 789 (1978)

The LATHROP COMPANY, Petitioner, v. Chester P. LAMPERT, Respondent.

Supreme Court of Alaska.

September 22, 1978.

Attorney(s) appearing for the Case

Kermit E. Barker, Jr., Ruskin, Barker & Hicks, Anchorage, for petitioner.

Paul W. Waggoner, Biss & Holmes, Anchorage, for respondent.

Before BOOCHEVER, Chief Justice, and RABINOWITZ, CONNOR, BURKE and MATTHEWS, Justices.

OPINION

PER CURIAM.

In 1964, Chester Lampert entered into a lease agreement with The Lathrop Company1 whereby Lampert leased to The Lathrop Company property located at the intersection of the New Seward Highway and Fireweed Lane in the city of Anchorage for 50 years, commencing January 1, 1965. Under the terms of the lease, the initial rent for the property was $1500 per month. In addition, the lease included a provision that...

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