Mobil Oil Credit Corp. v. DST Realty, Inc., 689 S.W.2d 658 (1985)

Citation: Mobil Oil Credit Corp. v. DST Realty, Inc., 689 S.W.2d 658 (1985)
Parent Document: Mobil Oil Credit Corp. v. DST Realty, Inc., 689 S.W.2d 658 (1985)
Jurisdiction: Missouri (state)
Effective Date: 1985-02-05
Original Source: https://www.courtlistener.com/opinion/1625413/mobil-oil-credit-corp-v-dst-realty-inc/ ↗

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In June, 1982 the landlord sold its interest and the lease was assigned to D.S.T. Realty, Inc., and Stephen D. Dunn (referred to as Downtown Investors or the landlord). Thereafter, Downtown Investors became aware that the garage was in extensive need of structural repair. Following demand letters in January and February, 1983, Mobil was forced under threat of forfeiture by Downtown Investors to contract to have the repairs performed. The project in question involved jackham-mering and replacing 35 to 45 percent of the concrete surface in the garage, and sandblasting away corrosion on existing steel reinforcing bars, plus adding some two tons of new reinforcing bars. The parties stipulated the total cost and expense to the tenant Mobil came to $438,-207.66.

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