This appeal is brought to consider the effect of a conveyance of a 98.6-acre parcel of real property made in 1939 by plaintiff Palos Verdes Corporation, herein termed "Palos Verdes," to defendant The Housing Authority of the County of Los Angeles, herein termed "the Authority," and to determine the right of the Authority to subsequently sell a 16.916-acre portion of the larger parcel.
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