Dollar Land Corp. v. F. W. WoolWorth Co.

Defendant is the lessee of a building located in a shopping center in Corpus Christi, Texas, which shopping center is owned by the plaintiff. Pursuant to article 5 of the lease between the parties the defendant was required to pay an annual minimum rent of $126,761 in equal monthly installments of $10,563.45. Article 5 also provided that such rent was payable unless it "shall be abated or diminished as in this lease elsewhere provided”. Moreover, it was provided in article 5A that the defendant was to pay an additional rent equivalent to 1-V2% of its annual gross sales on the first $10…