St. Regis Paper Co. v. Brown

Shulman, Judge.

Plaintiffs brought suit seeking, in addition to other relief, a judgment declaring null and void the purchase options contained in two lease agreements (denominated Leases A and B) entered into with defendant-lessee, St. Regis Paper Company (hereinafter “St. Regis”). This appeal is from an order granting plaintiffs’ motion for summary judgment as to the declaratory judgment count of their complaint and denying defendant’s motion for summary judgment on the same issues. We affirm.

The timber leases entered into between the parties (or their predecessors in title) were to run for…