T.P. LEASING CORP. v. BAKER LEASING CORP.

No. 86-235.

732 S.W.2d 480 (1987)

293 Ark. 166

T.P. LEASING CORPORATION, Appellant, v. BAKER LEASING CORPORATION and Gleco Corporation, Appellees.

Supreme Court of Arkansas.

July 20, 1987.


Attorney(s) appearing for the Case

Davidson, Horne & Hollingsworth by Thomas S. Stone and Robert J. Fuller, Little Rock, for appellant.

House, Wallace & Jewell by Janice W. Vaughn, James R. Rhodes, John R. Clayton and David Couch, Little Rock, for appellees.


JOHN D. ELDRIDGE, III, Special Justice.

Appellant, T.P. Leasing, contracted with appellee, Baker Leasing Corporation, the wholly owned subsidiary of appellee, Gelco Corporation, to lease from Baker certain tractors and trailers to be utilized in its business of hauling freight. The agreement was made in 1981, and by 1983 various problems had arisen between the parties to the contract. On November 19, 1983, T.P. Leasing gave notice of termination of the lease. Thereafter...

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