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LANCASTER CASTINGS CO. v. DUNIE

365 Pa. 95 (1950)

Lancaster Malleable Castings Co. v. Dunie, Appellant.

Supreme Court of Pennsylvania.

May 22, 1950.

Attorney(s) appearing for the Case

Morris Wolf, with him Abraham L. Freedman, Alexander T. Stein and Wolf, Block, Schorr & Solis-Cohen, for appellant.

F. Lyman Windolph, with him Martin M. Harnish, for appellee.

Before DREW, C.J., STERN, STEARNE, JONES and BELL, JJ.

OPINION BY MR. JUSTICE JONES, May 22, 1950:

This case involves the construction of a provision in a written lease, conferring on the lessee "the first option and privilege" of purchasing the leased property "at any time" up to within six months of the expiration of the term of the lease at a specified price with a certain condition as to the lessor's receipt of a bona fide third-party offer for the property at the option price...

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