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LAFAYETTE EXPO CENTER, INC. v. OWENS

No. 12A04-8801-CV-5.

531 N.E.2d 508 (1988)

LAFAYETTE EXPO CENTER, INC., Appellant (Plaintiff below), v. Leland OWENS, Executor of Glenn R. Pitman Estate, and Glenn R. Pitman Estate, Appellees (Defendants and Counter-Claimants below), Harry V. Beck, (Counter-Defendant below).

Court of Appeals of Indiana, Third District.

Rehearing Denied January 17, 1989.

Attorney(s) appearing for the Case

Jerome L. Withered, Matthew J. Kendrick, Reiling, Teder & Withered, Lafayette, for appellant.

George M. Plews, Christopher J. Braun, Baker & Daniels, Indianapolis, Ind., Robert M. Shaffer, Morrison, Robbins & Shaffer, Frankfort, Ind., for appellees.

HOFFMAN, Judge.

Appellant optionee Lafayette Expo Center appeals the granting of a motion for summary judgment in favor of optionor Leland Owens, executor of the Glenn R. Pitman Estate. The facts indicate that Owens leased commercial real estate to Harry V. Beck, who later assigned the lease to Lafayette Expo.

The lease, which expired November 1, 1986, contained an option to purchase provision which stated:

"LESSEE, its successors and assigns are...

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