On April 28, 1969 appellant, a not-for-profit corporation organized and existing under the laws of the State of Delaware and registered with the Secretary of State of New York as a charitable corporation, purchased real property located in the Town of Wawarsing in the County of Ulster, New York constituting of eight buildings and about 76 acres. This property was purchased specifically for use by the Renaissance Project, Inc., a not-for-profit corporation organized and existing...
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