The opinion of the court was delivered by WACHENFELD, J.
On January 26, 1954 the Board of Commissioners of the City of Long Branch adopted a resolution authorizing the proper city officials to convey "lands owned by the City * * * known as the `Button Factory' and adjacent land" to the Nash Aluminum Window Corporation and its affiliate, Seacoast Terminal Company, in exchange for a tract of land then owned by Seacoast. Both tracts of land involved in the exchange,...
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