Supreme Court of Georgia October 26, 1973, 28123 (Phipps Land Co. v. Wilwat Properties, Inc.)

Undercofler, Justice.

Phipps Land Company appeals a judgment of specific peformance ordering it to assign to Wilwat Properties an option to purchase real estate. The facts are as follows: On May 1, 1970, Baptist Building Foundation, Inc., gave Phipps an option to purchase real estate. It terminated May 1, 1971, with monthly extensions thereafter for two years, upon payment of $1,429.56 per month.