Asbury v. Cochran

FOSTER, Justice.

This is a suit in equity by appellee for the specific performance of an option to purchase a lot in Sheffield contained in a lease contract dated September 26, 1938, executed by appellants, and extending for a year or longer as expressly stipulated. By its terms appellants had the right to terminate the lease if they had a bona fide offer of sale, and in that event agreed to give appellee a thirty-day option to buy the lot for $1,200 cash. And appellee was also given an option to purchase the property for the same consideration at any time before they should receive an offer…