Texaco, Inc. v. Lumsden

Plaintiff instituted this action to recover $900 due for rental of equipment upon termination of a lease it had with defendant. A counterclaim was filed by defendant alleging damages of $11,900 as a business loss because plaintiff Texaco did not comply with the terms of the lease by failing to put up certain station identification signs. The lease was entered into in March of 1963 and terminated on October 25, 1967. In a nonjury case the court held plaintiff should, recover the $900 and judgment was entered accordingly. The trial court in discussing the counterclaim held that it was unable to…