Peoples State Bank of Clay County v. Thompson
Indiana Court of Appeals
1Opinion of the Court
ROBERTSON, Judge.
Peoples State Bank of Clay County (Bank) appeals a judgment from the Parke Circuit Court in favor of Jane A. Thompson d/b/a Adams Farms (Adams Farm) and Swing Wing, Inc., and Frank Fritts and Michael Fritts d/b/a Fritts Farms.
We affirm in part and reverse and remand in part.
The Fritts entered into a farm lease agreement with Adams Farm on February 4, 1980. The lease was for a three-year term with total rent of $450,000. The rent was payable in installments of $150,000 per year, $50,000 due by March 1, and $100,000 due on December 15. In February of 1981, Fritts borrowed money…
Also in this document: Concurrence.
2Cases cited7 opinions
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- Standard Land Corporation of Indiana v. BogardusIndiana Court of Appeals · 1972
- Peterson v. ZieglerAppellate Court of Illinois · 1976
- Streets v. M.G.I.C. Mortgage Corp.Indiana Court of Appeals · 1978
- Sears, Roebuck & Co. v. State ex rel. RyanIndiana Supreme Court · 1967
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- Union Federal Savings Bank v. INB Banking Co. SouthwestIndiana Court of Appeals · 1991
- Franklin Bank and Trust Co. v. MithoeferIndiana Court of Appeals · 1990
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