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DUO COUNTY TELEPHONE COOPERATIVE CORP. v. REESE

379 S.W.2d 483 (1964)

DUO COUNTY TELEPHONE COOPERATIVE CORPORATION, Inc., Appellant, v. A. W. REESE and Wife, Orlia B. Reese, Appellees.

Court of Appeals of Kentucky.

May 22, 1964.

Attorney(s) appearing for the Case

John S. Cary, Burkesville, Jack B. Miller, Jamestown, for appellant.

Leonard E. Wilson, Jamestown, for appellees.

CULLEN, Commissioner.

Duo County Telephone Cooperative Corporation entered into a contract with A. W. Reese pursuant to which Reese agreed to erect an office building to be leased by the co-op for a period of 10 years, with an option to purchase. The building was completed and the co-op entered into possession, paying the rental stipulated in the contract. After more than a year had elapsed the co-op notified Reese of its exercise of the option to purchase, and tendered...

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