Holiday Inns of America, Inc. v. Knight

Plaintiffs appeal from a judgment for defendants in an action seeking a declaration that a contract was still effective. The judgment was entered after plaintiffs’ motion for a summary judgment was denied and defendants’ motion for summary judgment was granted.

The pleadings and affidavits of the parties establish the following undisputed facts.

Plaintiffs are the successors in interest to the optionee under a written option contract between the optionee and the owners of the option property, defendant D. Hanley Knight and his mother Mary Knight. Mary Knight is now deceased and D. Manley Knight…