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SYNERGY GAS CORP. v. H.M. ORSBURN & SON

No. CA 85-110.

689 S.W.2d 594 (1985)

15 Ark.App. 128

SYNERGY GAS CORPORATION, Appellant, v. H.M. ORSBURN & SON, INC., Appellee.

Court of Appeals of Arkansas, Division II.

Rehearing Denied June 19, 1985.

Attorney(s) appearing for the Case

Victor A. Fleming, Little Rock, for appellant.

William R. Bullock, Russellville, for appellee.

GLAZE, Judge.

This appeal involves a lease agreement between Synergy Gas Corporation (Synergy) and H.M. Orsburn & Son, Inc., (Orsburn). Synergy contends the chancellor erred in finding that Synergy failed to exercise its option to extend its lease and that it could have exercised the option to purchase contained in the lease only during a validly effected extension of the lease. The chancellor further held the option to purchase was void under the rule against...

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