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REYNA FINANCIAL CORP. v. LEWIS SERVICE CTR.

No. 87-006.

429 N.W.2d 380 (1988)

229 Neb. 878

REYNA FINANCIAL CORPORATION, Appellant, v. LEWIS SERVICE CENTER, INC., et al., Defendants and Third-Party Plaintiffs, and Reynolds and Reynolds Company, Third-Party Defendant, Appellees.

Supreme Court of Nebraska.

September 23, 1988.

Attorney(s) appearing for the Case

Gary F. Wence and Mark F. Enenbach, of McGrath, North, O'Malley & Kratz, P.C., Omaha, for appellant.

T.J. Hallinan, of Law Offices of Cobb & Hallinan, P.C., Lincoln, for appellees Lewis Service Center et al.

BOSLAUGH, WHITE, and SHANAHAN, JJ., and HOWARD and COLWELL, District Judges, Retired.

PER CURIAM.

This case arises out of a lease agreement between Reynolds and Reynolds Company and the defendant Lewis Service Center, Inc., dated March 17, 1982. The agreement provided for the lease of computer equipment and programming to the defendant for a term of 7 years, with the defendant obligated to pay 84 monthly installments of $1,724.77. The agreement further provided an option to the defendant Lewis Service Center to purchase the equipment for $1 at the...

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