Washington Nat. Corp. v. SEARS, ROEBUCK

NEAL, Judge.

STATEMENT OF THE CASE

Plaintiff-appellant, Washington National Corporation (WNC), appeals from a negative judgment of the Vigo Superior Court in its action against defendant-appellee, Sears, Roebuck & Co. (Sears), for unpaid rent computed on Sears' gross sales according to its percentage rent lease.

We affirm.

STATEMENT OF THE FACTS

On June 7, 1968 Sears entered into a "Shopping Center Lease" (lease) with Honey Creek Square, Inc. (Honey Creek), to lease space in its mall, Honey Creek Square Shopping Center. The lease became effective on November 1 of that year for a term of 30 years…