CULLEN, Commissioner.
In 1969 the appellant Robert Coates purchased from the appellees Marion and Howard Lisanby two 2-acre tracts of land on Lake Beshear, in Caldwell County, Kentucky, which lake was created by the Kentucky Department of Fish & Wildlife through the impoundment by a dam of the waters of Piney-Cliftey Creek. Coates and his wife then sold the land to the appellee Donald Niven (at a profit of some $14,000), along with some personalty. After Niven...
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