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ROBINSON v. MARTEL ENTERPRISES, INC.

No. 48844.

337 So.2d 698 (1976)

D.G. ROBINSON v. MARTEL ENTERPRISES, INC., et al.

Supreme Court of Mississippi.

September 21, 1976.

Attorney(s) appearing for the Case

Stone & Graham, W. Welborn Johnson, Columbus, for appellant.

Patterson & Patterson, Aberdeen, Tubb, Stevens & Morrison, West Point, James H. Mathis, Corinth, for appellee.

Before GILLESPIE, C.J., ROBERTSON and LEE, JJ., and MIKE CARR, Commissioner.

MIKE CARR, Commissioner for the Court:1

On June 5, 1972, Martel Enterprises, Inc., grantor, entered into a contract with D.G. Robinson, grantee, for a "Lease & Option to Purchase" 926.83 acres of land in Clay County, Mississippi. The lease provided for annual rental payments plus interest and gave Robinson an option to purchase the property for a purchase price of $200 per acre.

On July 2, 1974, a declaration was filed in the...

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