CITY OF REIDSVILLE v. CITIZENS DEVELOPMENT CORP.

No. 674.

120 S.E.2d 730 (1961)

255 N.C. 274

CITY OF REIDSVILLE v. CITIZENS DEVELOPMENT CORPORATION.

Supreme Court of North Carolina.

July 7, 1961.


Attorney(s) appearing for the Case

Jule McMichael and T. M. Rankin, Reidsville, for plaintiff, appellee.

Benjamin R. Wrenn, Reidsville, for defendant, appellant.


MOORE, Justice.

Plaintiff proposes to convey 155.52 acres of land known as the Reidsville Airport property, under authority of G.S. § 63-53 (d) and G.S. § 160-59. On 15 November 1960 the City Council of the City of Reidsville adopted a resolution finding that the City "no longer had any need for * * * the Airport property," and ordering that it be sold at public auction subject to specific conditions and covenants restricting its use to industrial and commercial...

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