JOHN W. PECK, Circuit Judge.
The Shell Oil Company (hereinafter "Shell") sought specific performance of its alleged right to purchase for $32,500 the premises leased by it from appellant, Mrs. Prescott, under a purchase option contained in the lease. The District Court granted Shell's cross motion for summary judgment and this appeal followed.
The material facts in this case were stipulated by the parties and are not in dispute. Appellant was the lessor in...
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