Grant v. Steenland Construction Co.

The complainant, Grant, obtained an option from the Nordhoff Land Company to purchase a tract of land, about one hundred and five acres, in Bergen county, of which the parcel in controversy is a part. Before his option expired he interested Peter M. Steenland and his brother Rollo, the stockholders of the defendant Steenland Construction Company, in his enterprise, and on December 10th, 1923, secured a second option running jointly to himself and the Steenland company, by the terms of which they acquired the right to purchase parcel A of said land, about seventy-five acres, at $2,000 per…