Lindberg v. Williston Industrial Supply Corp.
North Dakota Supreme Court
1Opinion of the Court
VANDE WALLE, Justice.
Layne A. Lindberg appealed from a district court judgment which awarded damages to Williston Industrial Supply Corporation [“WISCO”] for Lindberg’s breach of a lease-purchase agreement. We reverse and remand for further proceedings.
In 1983 Lindberg and WISCO entered into a lease-purchase agreement for certain oil well equipment. Lindberg agreed to make 24 monthly payments of $2,500 and WISCO agreed to sell the property to Lind-berg for one dollar at the end of the 24-month period. Lindberg experienced difficulty in making his monthly payments, and after 18 months had made…
2Cases cited25 opinions
- O'NEIL v. MacK Trucks, Inc.Texas Supreme Court · 1976
- Hall v. Owen County State BankIndiana Court of Appeals · 1977
- Universal C. I. T. Credit Co. v. RoneSupreme Court of Arkansas · 1970
- State Bank of Towner v. HansenNorth Dakota Supreme Court · 1981
- Johnson v. Monsanto Co.North Dakota Supreme Court · 1981
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