Hunter Investment, Inc. v. Divine Engineering, Inc.

Plaintiff-corporation seeks to quiet title in it to certain real estate in Cedar Rapids, Iowa. A question has arisen whether the defendant-corporation had exercised an option which had been incorporated in a lease covering the property. The defendant filed a cross-petition wherein it sought specific performance of the option agreement. The trial court found for the plaintiff and quieted the title in it. The defendant has appealed.

The lease had been entered into by Wathan-Hunter, Inc., the plaintiff’s predecessor in interest, and the Divine Engineering, Inc., for a period of sixty months from…