VAN SANT, Commissioner.
On the 24th day of July, 1944, appellee, Kentucky Female Orphan School and appellant, Homer B. Royse, entered into a contract whereby the School leased to Royse certain premises on West Main Street in the City of Lexington for a term of ten years. The lease contained the following provision:
"Second party agrees to purchase said property at any time that first party may desire to sell same at a price of forty five hundred ($4500) dollars...
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