Legal Opinion
In re C M Corp.
South Dakota Supreme Court
Decided June 8, 1983No. 13969PublishedCited by 1 opinion
1Opinion of the Court
FOSHEIM, Chief Justice.
On September 1, 1971, the city of Custer (City) issued industrial revenue bonds, pursuant to SDCL ch. 9-54, for the purchase of property and construction of a nursing home. On the same date the City entered into a written lease and purchase option agreement with Home Corporation as the lessee of the nursing home property. Also on that date, Home Corporation sublet the property to CM Corporation (appellant). The lease and sublease were part of the documents related to the issuance of the revenue bonds. The City is the record fee owner of the property and the CM…
2Cases cited5 opinions
- Wastun v. Lincoln Nat. Life Ins. Co. of Ft. Wayne, Ind.Court of Appeals for the Eighth Circuit · 1926
- Egan Consolidated School District Number 1 v. Minnehaha CountySouth Dakota Supreme Court · 1936
- Farmers & Merchants Bank & Trust of Watertown v. KsenychSouth Dakota Supreme Court · 1977
- Appeal of Black Hills Industrial Freeport, Inc.South Dakota Supreme Court · 1978
- City of Yankton v. MadsonSouth Dakota Supreme Court · 1945
3Cited by1 opinion
- Petition of CM Corp.South Dakota Supreme Court · 1983