Legal Opinion

Kearns v. Gay Apparel Corp.

District Court, M.D. North Carolina

Decided August 4, 1964No. Civ. A. No. C-219-G-62PublishedCited by 2 opinions

1Opinion of the Court

HAYES, District Judge:

On February 1, 1948, Gurney Kearns of High Point, N. C., entered into a written contract with Gay Apparel Corporation, a New York Corporation by which Kearn leased to Gay Apparel Corporation his five story office building at 113 South Elm Street in Greensboro, N. C., for a period of 23 years from February 1, 1948 to January 31, 1971. The net rental for the period was Two Hundred Sixty Four Thousand and Five Hundred Dollars, payable in advance in monthly installments of $958.-34 on the first day of each month, beginning February 1, 1948. Gay Apparel also assumed payment…

2Cases cited13 opinions

  1. Perkins v. LangdonSupreme Court of North Carolina · 1953
  2. R. R. v. . R. R.Supreme Court of North Carolina · 1908
  3. Atlantic & North Carolina Railroad v. Atlantic & North Carolina Co.Supreme Court of North Carolina · 1908
  4. Monger v. . LutterlohSupreme Court of North Carolina · 1928
  5. Parker v. Mecklenburg Realty & InsuranceSupreme Court of North Carolina · 1928

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3Cited by2 opinions

  1. Kate Ragan Kearns, Katherine Kearns Cheek, and Amos Ragan Kearns, Charles Leslie Kearns, and Katherine Kearns Cheek, Executors and Trustees Under the Will of Gurney H. Kearns, Deceased v. Gay Apparel Corporation, Kate Ragan Kearns, Katherine Kearns Cheek, and Amos Ragan Kearns, Charles Leslie Kearns, and Katherine Kearns Cheek, Executors and Trustees Under the Will of Gurney H. Kearns, Deceased v. Gay Apparel CorporationCourt of Appeals for the Fourth Circuit · 1965
  2. Kearns v. Gay Apparel Corp.Court of Appeals for the Fourth Circuit · 1965

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