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REHOBOTH BAY MARINA, INC. v. RAINBOW COVE, INC.

318 A.2d 632 (1974)

REHOBOTH BAY MARINA, INC., a corporation of the State of Delaware, Plaintiff, v. RAINBOW COVE, INC., a corporation of the State of Delaware, et al., Defendants.

Court of Chancery of Delaware, Sussex.

March 22, 1974.

Attorney(s) appearing for the Case

Paul R. Reed, A. Dean Betts, Betts & Lee, Georgetown, for plaintiff.

Jackson R. Dunlap, Jr., Dunlap & Holland, Georgetown, for defendants.

BROWN, Vice Chancellor.

Plaintiff, Rehoboth Bay Marina, Inc., has brought this action against its landlord, Rainbow Cove, Inc., to enforce the provisions of a written lease entered into between the parties on March 23, 1972. The premises covered by the written lease consist of a parcel of land fronting on Rehoboth Bay, a parking area and adjoining subaqueous lands beyond the high water mark which contain improvements designed for the use of 141 boat slips. The leased...

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