Friendly Center, Inc. v. Robinson

CRAVEN, Chief Judge,

Friendly Center, Inc., hereafter called “Friendly,” operates Friendly Shopping Center in Greensboro, North Carolina, ln June of 1959, Friendly leased one of jts store buildings in the shopping center to Mr. and Mrs. Robert T. Pleasants for a period of ten years, commencing the first day of April, 1960. At the time of execution of the lease, the President of Friendly understood that Mr. and Mrs. Pleasants intended to operate a hardware business under the name of Pleasants Hardware, Inc. Because the corporation was a new one with few assets, Friendly insisted that Mr. and…