Franklin v. Jordan

Pannell, Presiding Judge.

Where, "for and in consideration of the sum of seven thousand . . . dollars in hand paid” appellee Jordan granted to Charles S. Akerman an option to purchase certain described real estate, the right to exercise which terminated December 24, 1967 at 5:00 p.m., and the option provided that it could be exercised by giving written "notice setting forth the time and place of closing the purchase” and which exercise, according to the terms of the option, made operative the terms and provisions of the contract of sale and purchase attached to and made a part of the option…