In re Grodnik's, Inc.

NORDBYE, Chief Judge.

The Referee’s findings of fact are undisputed. The material facts are that the debtor and Highway Display, Inc., entered into a contract providing for the erection and maintenance of specially built display signs along highways near Minneapolis, Minnesota, for the purpose of advertising debtor’s clothing business. The contract provided for payments by debtor of $190 per month for thirty-six months, and contained a clause-permitting claimant to declare immediately due and payable any balance owing for the unexpired term, should any default occur in the payments. The debtor…