Ute-Cal Land Development v. Intermountain Stock Exchange

HALL, Justice:

Peter Buffo and Ute-Cal Land Development (a corporation of which Buffo was president, hereinafter referred to collectively as “Buffo”1) appeal a judgment of unlawful detainer.

As found by the trial court, the facts are essentially as follows.2 On August 1, 1976, Intermountain Stock Exchange (hereinafter “ISE”) leased a portion of a building it owned to a corporation known as “In-vestestate.” Investestate operated a business known as the “Exchange Club” on the premises. The lease was to expire on July 31, 1978, but could be renewed (for a total of ten additional years) upon…