New Jersey Court of Chancery January 5, 1925 (Ames v. Montclair)

The bill is for the specific performance of a contract to sell land. The Montclair board of education, April 24th, 1923, passed the following resolution: "Mr. McKinney moved that this property [the land involved in this suit] be offered for sale at private sale to any purchaser who may offer at least the price of $29,260, and that it should be sold subject to restrictions and present