[DOWNLOAD] "Southeastern Greyhound Lines Inc. v. City of Lexington" by Court Of Appeals Of Kentucky # eBook PDF Kindle ePub Free
eBook details
- Title: Southeastern Greyhound Lines Inc. v. City of Lexington
- Author : Court Of Appeals Of Kentucky
- Release Date : January 06, 1945
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
VAN SANT, Commissioner. For the purpose of acquiring a site upon which to establish a terminal, appellant, Southeastern Greyhound Lines, purchased at public auction from appellee, City of Lexington, real estate fronting on Short Street in the City. The purchase price was Fifty Thousand Dollars ($50,000). The deed to the property tendered appellant in pursuance of the sale was refused, upon the ground that the City was unable to convey a fee simple title. Thereupon, the City filed this action under Section 639a1-5 of the Civil Code of Practice, seeking a declaration of its right to convey, and appellant's right to obtain, title to the property. Appellant entered its appearance in the action, and expressed its willingness to accept the deed, if thereby it can obtain a fee simple title. Demonstrative of its good faith, it paid into Court the full purchase price of the property. The question presented for our determination is: Whether a city may sell to a private citizen real estate acquired by condemnation as a site for a city auditorium, upon a showing that the city had been required to abandon its original purpose because of a lack of funds to carry out the purpose, and a refusal on the part of the voters to approve a bond issue by which the necessary funds were proposed to have been raised.