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BARKLEY-CUPIT &c. INC. v. EQUITABLE LIFE ASSURANCE SOCIETY

60904.

157 Ga. App. 138 (1981)

276 S.E.2d 650

BARKLEY-CUPIT ENTERPRISES, INC. v. EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES.

Court of Appeals of Georgia.

Decided January 14, 1981.

Attorney(s) appearing for the Case

Emmet J. Bondurant, H. Lamar Mixson, for appellant.

David A. Handley, James C. Huckaby, Jr., for appellee.

McMURRAY, Presiding Judge.

Barkley-Cupit Enterprises, Inc., d/b/a Rivermont Golf & Country Club ("Barkley-Cupit"), and The Equitable Life Assurance Society of the United States ("Equitable") entered into an agreement (the "Agreement") whereby Equitable leased a golf and country club to Barkley-Cupit for a term of seven years. The Agreement included the following purchase option:"... Parties agree that Lessee shall have the option to purchase, on April 15, 1980...

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