Contel Credit Corp. v. Tiger, Inc.
Ohio Court of Appeals
1Opinion of the CourtMahoney, P.J.
Appellant, Tiger Inc. (“Tiger”), appeals the judgment of the Akron Municipal Court, following a trial to the court, in favor of appellee, Contel Credit Corporation (“Contel”), in the amount of $4,341.06 plus interest, representing the unpaid balance on Contel’s lease of telephone equipment to Tiger. We reverse.
Facts
On May 29, 1981, Tiger agreed to lease telephone equipment from Contel for a period of sixty months. In a June 10, 1981 addendum to the lease agreement, the parties agreed that, upon expiration of the lease term, Tiger could purchase the equipment for $1. Tiger made its monthly…
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