BROWN v. McINVALE

43775.

118 Ga. App. 375 (1968)

163 S.E.2d 854

BROWN et al. v. McINVALE et al.

Court of Appeals of Georgia.

Decided September 3, 1968.

Rehearing Denied September 20, 1968.


Attorney(s) appearing for the Case

Hansell, Post, Brandon & Dorsey, W. Rhett Tanner, for appellants.

Parker & Parker, Richard L. Parker, for appellees.


PANNELL, Judge.

1. Where, on June 12, 1964, the defendants granted to plaintiffs an option to purchase certain corporate stock "if within twenty-four (24) months of the date" thereof certain events do not occur, and such option agreement did not fix a time limitation for the exercise thereof, it must be exercised immediately upon the expiration of the twenty-four months or within a reasonable time thereafter. Rogers v. Burr, 97 Ga. 10 (25 SE 339). Even should...

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