Vance Lumber Co. v. Tall's Travel Shops, Inc.

This action was instituted by plaintiff lessor to recover against defendant lessee alleged unpaid rental. Plaintiff alleged that, in September, 1939, plaintiff, a domestic corporation, leased to defendant domestic corporation space in the Joseph Vance building in Seattle for the term of ten years from May 1, 1940, to and including April 30, 1950. By that lease the defendant was obligated to pay to the lessor a minimum monthly rental of $750. The contract further provided that:

“In the event that all of the gross receipts from retail sales during any calendar month for both stores shall exceed…