Shaughnessy v. Rec Centers, Inc.
District Court of Appeal of Florida
1Opinion of the Court
MOORE, Judge.
We are called upon to determine the applicability of a 1933 Joint Resolution of the Congress of the United States of America, codified at 31 U.S.C.A. § 4631 to an escalation provision contained in a 99-year recreation lease executed in conjunction with the development of a condominium association and in the purchase of individual units. Appellants sought relief from the escalation provision which provided:
“(b) In the event that the United States dollar should ever be officially devalued by the United States government or replaced by a regular species of a lesser value, then and…
2Cases cited6 opinions
- Norman v. Baltimore & Ohio RailroadSupreme Court of the United States · 1935
- Guaranty Trust Co. v. HenwoodSupreme Court of the United States · 1939
- Holyoke Water Power Co. v. American Writing Paper Co.Supreme Court of the United States · 1937
- Equitable Life Assur. Soc. of US v. GrosvenorDistrict Court, W.D. Tennessee · 1976
- Aztec Properties, Inc. v. Union Planters National Bank of MemphisTennessee Supreme Court · 1975
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- REC Centers, Inc. v. ShaughnessyDistrict Court of Appeal of Florida · 1981