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ST. REGIS PAPER CO. v. BROWN

36828.

247 Ga. 361 (1981)

276 S.E.2d 568

ST. REGIS PAPER COMPANY v. BROWN et al.

Supreme Court of Georgia.

Rehearing Denied March 24, 1981.

Attorney(s) appearing for the Case

Jesse G. Bowles, Jesse G. Bowles III, Howell Hollis, Albert W. Stubbs, William H. Agnor, for appellant.

Robert M. Margeson III, Donald D. Rentz, Edward Wohlwender, Jr., Alston, Miller & Gaines, G. Conley Ingram, Thomas Thorne-Thomsen, for appellees.

John B. Harris, Jr., Mary Mendel Katz, Charles L. Gowen, Pope B. McIntire, Griffin B. Bell, G. L. Dickens, Jr., Charles E. Moore, Philip B. Spivey, amici curiae.

CLARKE, Justice.

The Court of Appeals held that options to purchase contained within two timber leases were void ab initio as violations of the rule against perpetuities. St. Regis Paper Co. v. Brown, 155 Ga.App. 679 (272 S.E.2d 544) (1980). We granted certiorari. The timber leases are for terms of sixty years plus a few months and contain options which granted to the lessee the right...

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