Ethel v. First Savings & Trust Co.

—On July 1st, 1921, Campbell Elmore Arnold entered into a contract by which was leased for a term of 99 years certain property in Tampa, Florida, known as Tibbetts Corner to W. L. VanDyke and Marie Eliot VanDyke, it being understood and agreed that the VanDykes could organize a corporation within a stated period of time which corporation would succeed to the rights of the VanDykes and at the same time the Arnolds sold to the VanDykes and the corporation to be incorporated the retail business theretofore owned and operated by the Arnolds located in the store on the property leased. The…