On December 10, 1953 plaintiff acquired a written option to purchase real property from Helen and Bryant Dates, defendants' predecessors in title. The property to be purchased was located in the Town of Lansing, Tompkins County, and consisted of a 400-foot-wide strip of land upon which high-voltage electric transmission lines were to be built in conjunction with a new generating plant. The option provided in relevant part that: "4. The parties...
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