Geo. V. Clark Co. v. New York, New Haven & Hartford Railroad

This appeal presents the question of the sufficiency of a complaint in an action for specific performance of a contract for the sale of real estate.

From the complaint and annexed documents we obtain the following summary of the facts: The New York, New Haven and Hartford Railroad Company (hereinafter called Railroad) was the owner of about forty-one acres of land improved with numerous buildings, which it leased to Bronx Whitestone Terminals, Inc. (hereinafter.called Bronx). The lease granted the lessee an option to purchase, which it duly exercised. Prior to exercise of the option Bronx had…