Strait v. Vandiver

This is an appeal from a judgment for plaintiffs in a suit based on claims of breach of a lease agreement and conversion. We affirm.

On November 10, 1981, James Strait and his wife Elizabeth, (now deceased)1 entered into a lease and purchase agreement with Ross and Carolyn Vandiver, whereby the Vandivers agreed to rent from the Straits a restaurant business in Muscle Shoals, Alabama. The agreement provided that the Vandivers would rent the restaurant building for $1,000.00 per month, payable on the fifteenth of each month. Additionally, the Vandivers agreed to purchase the equipment in the…