Fairhope Single Tax Corporation v. City of Fairhope

SIMPSON, Justice.

On September 29, 1931, Fairhope Single Tax Corporation, an Alabama corporation, executed and delivered to the Town of Fairhope, a municipal corporation, a deed to nine parcels of land located within the corporate limits of the City of Fairhope.

The deed contained the following:

“WHEREAS, the property hereinafter described has been since it was acquired by the [grantor], used for park purposes, and the [grantee] is willing to take it over and continue such use;

“NOW, THEREFORE, in consideration of the premises, the [grantor] does hereby grant, bargain, sell and convey unto the…