Schepps Grocery Co. v. Burroughs Corp.

JAMES, Justice.

Appellant, Schepps Grocery Company, appeals from a judgment entered in favor of appellee, Burroughs Corporation, for a rebate of an eleven percent (11%) discount given to appellant pursuant to a computer lease agreement providing for an initial term of five (5) years. We affirm.

On March 28, 1972, the parties entered into an “Agreement for Equipment Lease and Maintenance” on a B3506 computer. The lease provided for a monthly charge of $9,902 less an 11% discount for “5 year unlimited use contract” or a total monthly charge of $8,812.78. At that time, Mr. A. I. Schepps, the…