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AMERICAN OIL CO. v. ROSS

No. 80-36.

390 So.2d 90 (1980)

The AMERICAN OIL COMPANY, a/K/a Amoco Oil Company, Appellant, v. Gerald ROSS and Anna Mae Ross, His Wife, Appellees.

District Court of Appeal of Florida, Third District.

Rehearing Denied December 8, 1980.

Attorney(s) appearing for the Case

Freeman, Richardson, Watson, Slade, Kelly & Livermore and Judson Freeman, Jacksonville, for appellant.

Horton, Perse & Ginsberg and Mallory H. Horton, Miami, for appellee.

Before HUBBART, C.J., and NESBITT and DANIEL S. PEARSON, JJ.

DANIEL S. PEARSON, Judge.

In 1970, the Rosses leased until 1982 certain property to The American Oil Company (Amoco), upon which property Amoco thereafter constructed and maintained a gasoline service station. The lease contained no purchase options. In 1972, the parties entered into a supplemental agreement which, inter alia, reversed the method of rent payments from a percentage of gasoline sold to a fixed dollar rental, and, pertinent here, gave lessee two...

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