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PEOPLES STATE BANK v. THOMPSON

No. 1-683A199.

462 N.E.2d 1068 (1984)

PEOPLES STATE BANK of Clay County, Appellant (Intervenor below), v. Jane A. THOMPSON d/b/a Adams Farms, Appellee (Plaintiff below), and Swing Wing, Inc. and Frank Fritts and Michael Fritts d/b/a Fritts Farms, Appellees (Defendants below).

Court of Appeals of Indiana, First District.

April 25, 1984.

Attorney(s) appearing for the Case

William G. Brown, Brazil, for appellant.

Danford R. Due, Joseph L. Claypool, Indianapolis, Clelland J. Hanner, Rockville, Donald E. Gibson, Veedersburg, Marion Withers, Anderson, for appellees.

ROBERTSON, Judge.

Peoples State Bank of Clay County (Bank) appeals a judgment from the Parke Circuit Court in favor of Jane A. Thompson d/b/a Adams Farms (Adams Farm) and Swing Wing, Inc., and Frank Fritts and Michael Fritts d/b/a Fritts Farms.

We affirm in part and reverse and remand in part.

The Fritts entered into a farm lease agreement with Adams Farm on February 4, 1980. The lease was for a three-year term with total rent of $450,000. The rent...

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