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PHIPPS LAND CO. v. WILWAT PROPERTIES

28123.

231 Ga. 305 (1973)

201 S.E.2d 408

PHIPPS LAND COMPANY, INC. v. WILWAT PROPERTIES, INC.

Supreme Court of Georgia.

Decided October 26, 1973.

Attorney(s) appearing for the Case

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

Jones, Bird & Howell, Earle B. May, Jr., Dow N. Kirkpatrick, II, for appellee.

UNDERCOFLER, Justice.

Phipps Land Company appeals a judgment of specific performance ordering it to assign to Wilwat Properties an option to purchase real estate. The facts are as follows: On May 1, 1970, Baptist Building Foundation, Inc., gave Phipps an option to purchase real estate. It terminated May 1, 1971, with monthly extensions thereafter for two years, upon payment of $1,429.56 per month. The option could not be assigned without the written consent of the...

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