Columbia Amusement Co. v. Hughes

WILLIAMS, Judge.

This is an appeal from an order of the Calloway Circuit Court granting summary judgment against the appellant Columbia Amusement Company.

Columbia leased a building owned by appellee Nat Ryan Hughes which was totally destroyed by fire on December 12, 1962. Columbia maintained the lease provided that the property should be rebuilt and that the proceeds from insurance on the property should be applied to such purpose. .

At the time the lease was executed in 1938, Columbia’s president loaned Hughes’ mother $20,000.00 to remodel the building. Both Columbia and its president were…