Freehold, the owner of a race track in New Jersey, leased in July, 1961, a restaurant at the track to New Jersey Sportservice, Inc. (tenant). This concession agreement provided for the payment of percentage rentals during the racing seasons covered by the term thereof. Freehold, on May 28, 1962, borrowed $200,000 from Sportservice, the parent corporation of the tenant. This loan was evidenced by a promissory...
Let's get started
![Leagle.com](https://www.leagle.com/images/logo.png)
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.