Kent Corporation v. City of Winston-Salem

The question for decision is whether defendant, by the terms of the lease, is required to account to plaintiff for one-half or any- portion of the money collected by defendant as penalties for violations of the municipal ordinances relating to parking on municipal off-street parking lots. The answer depends upon whether the money so collected by defendant constitutes “proceeds from the operation of the parking meters,” or “revenue derived from the meters.”

In Rhodes, Inc. v. Raleigh, 217 N.C. 627, 9 S.E. 2d 389, 130 A.L.R. 311 (1940), ordinances purporting to regulate on-street parking by…