Lowell v. First Church of Christ

The ground upon which the Trial Court relied in granting the defendants’ motion to dismiss does not appear. In Bobinson Company v. Drew, 83 N. H. 459, 461, this court said: “If [the optionor] says that he may decide to sell and that if he does, he will give the optionee the right to buy at the price he sets, the optionee, having given consideration, has acquired a conditional right to buy, and the fulfillment of the conditions makes the right capable of enforcement.” The principle so stated is applicable to the case before us even though the price was here to be determined by the amount of an…