Goodman Investment, Inc. v. Swanston Equipment Co.

VANDE WALLE, Justice.

Goodman Investment, Inc. (“Goodman”) appeals from a judgment entered on April 16, 1980, in Cass County Court, in favor of the defendant, Swanston Equipment Co. (“Swanston”). We affirm.

The facts involved in this appeal are not in dispute. In 1948 Goodman’s predecessors in interest, Irving Goodman and Stanley Goodman, entered into a lease agreement with Swanston by the terms of which Swanston leased certain property in Cass County from the Goodmans. The lease contained a renewal provision, which was exercised by Swanston, whereby in 1958 the lease was renewed for a period…