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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Provident Mutual Life Insurance Co. v. Tachtronic Instruments, Inc., 394 N.W.2d 161 (1986)

Citation
Provident Mutual Life Insurance Co. v. Tachtronic Instruments, Inc., 394 N.W.2d 161 (1986)
Parent Document
Provident Mutual Life Insurance Co. v. Tachtronic Instruments, Inc., 394 N.W.2d 161 (1986)
Jurisdiction
Minnesota (state)
Effective Date
1986-10-07

Other Sections in This Document (57)

Full Text

511 chars
Tachtronic, a small Minnesota corporation engaged in the design and manufacture of high precision rotation components and small motors, leased office and warehouse space in a building owned by Provident and managed by Welsh Companies, Inc. The three-year lease ran until October 31, 1985, and required Tachtronic to make monthly payments of $2,463 in addition to a percentage of the building’s overall real estate taxes and monthly operating expenses. Tachtronic was in default within the first year of tenancy.