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PHILADELPHIA SAV. FUND SOC. v. DESERET MANAGEMENT

Civ. A. No. 83-6259.

632 F.Supp. 129 (1985)

The PHILADELPHIA SAVINGS FUND SOCIETY v. DESERET MANAGEMENT CORPORATION.

United States District Court, E.D. Pennsylvania.

October 23, 1985.

Attorney(s) appearing for the Case

Raymond K. Denworth, Jr., Drinker, Biddle & Reath, Philadelphia, Pa., for plaintiff.

Tyson W. Coughlin, Robert H. Knauss, Ballard, Spahr, Andrews & Ingersoll, Philadelphia, Pa., M. Karlynn Hinman, Kirton, McConkie & Bushnell, Salt Lake City, Utah, for defendant.

MEMORANDUM AND OPINION

RAYMOND J. BRODERICK, District Judge.

This diversity action concerning the interpretation of a computer equipment lease agreement is before the Court on cross-motions for summary judgement. The essential dispute is whether the documents evidencing the agreement provide for a lease term of sixty full calendar months or a term of sixty months from the commencement date of the lease. The Philadelphia Savings Fund Society (PSFS), the assignee...

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