Question: Morris Gray leased waterfront property on the Ross Barnett Reservoir
Morris Gray leased waterfront property on the Ross Barnett Reservoir to a restaurant, Edgewater Landing, Inc., for a 10-year term. After a year and a half, Edgewater's original shareholder, Billy Stegall, sold all of his shares in the corporation to Tom Bradley and Bradley's bookkeeper, Sandra Martin. Gray visited the property in the ninth year of the lease and found many problems with the condition of the property. He claimed that the lease required the tenant to make necessary repairs. Gray sued Edgewater Landing, Inc., and Tom Bradley and Sandra Martin individually for breach of the lease. Bradley and Martin replied that they were not liable for the debt of the corporation. Decide. [Gray v. Edgewater Landing, Inc., 541 So.2d 1044 (Miss.)]
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