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TREPTOW CO. v. DUNCAN AVIATION, INC.

Nos. 43559, 43672.

313 N.W.2d 224 (1981)

210 Neb. 72

TREPTOW CO., a Nebraska corporation, Appellant and Cross-Appellee, v. DUNCAN AVIATION, INC., et al., Appellees and Cross-Appellants, NBC Leasing Co., Appellee.

Supreme Court of Nebraska.

December 4, 1981.

Attorney(s) appearing for the Case

Patrick H. McDonnell, Omaha, for appellant and cross-appellee.

Ginsburg, Rosenberg, Ginsburg, Cathcart, Curry & Gordon, Lincoln, for appellees and cross-appellants Duncan Aviation et al.

Knudsen, Berkheimer, Beam, Richardson & Endacott, Lincoln, for appellee NBC Leasing Co.

Heard before BOSLAUGH, CLINTON, BRODKEY, and WHITE, JJ., and HOWARD, District Judge.

BOSLAUGH, Justice.

These appeals, which have been consolidated, arise out of a controversy concerning the sale of a Beechcraft Baron airplane. On April 26, 1974, the plaintiff, Treptow Co., entered into an equipment acquisition agreement with the defendant NBC Leasing Co., which was in substance a lease-purchase agreement. The agreement provided for monthly payments of $2,040 over a 6-year period with an option to the lessee-purchaser to purchase the airplane by payment...

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