64 W. Va. 10 | W. Va. | 1908
E. T. Crawford and W. L. Ashby sued Allen Workman in the circuit court of Boone county to compel Workman to make them a deed for minerals in a tract of land. The defendant demurred to the bill and answered, and the court decreed a specific performance, and Workman has brought the case to this Court.
Upon the question whether Workman in fact made the contract sued upon there is great conflict of evidence; but we shall say that Workman did make the contract. That contract is that “in consideration of $2.00 for coal, oil, gas and other minerals,. with rights of way and timber for mining purposes, the party of the first part agree to sell and convey unto the party of the second part, or to whosoever he may designate the above interests in the following described tract or boundary of land containing 600 acres, more or less, situate in Crook district, JBoone county, West Virginia, described as follows, to-wit: On the West Fork of Little Coal River, and James Creek of said West Fork; upon the following terms that is to say:” The statute of frauds requires a contract for the sale of of the land to be in writing-
In a suit for the specific execution of a contract for the purchase of land, where neither the contract itself, nor the extrinsic proof of the surrounding circumstances, identifies
The insufficiency of the contract forbids its enforcement; but there is another reason which forbids specific execution. No possession was taken under the contract. The plaintiffs waited five years before suing. In the meantime the price of mineral land vastly increased, perhaps twenty fold, in that section, because coal lands became vastly valuable, and railroads were piercing into that section, one only a few miles from this land, and another pointing up West Fork, and we know that that section contains valuable coal deposits. At the time when this suit was brought, March, 1906, this land had become of great value for minerals. Why did the plaintiff delay suit for five years? May we not say that it was with the intent to await events, and if railroads should head in that direction they would insist upon the contract, otherwise not? “ Where the delay of the vendor or vendee in seeking performance is for speculative purpose, to await until time shall determine whether or not it is to his advantage to have the benefit of the contract, it is held by a considerable group of cases that equity will not aid him by any relief against his failure to perform, whatever the situation otherwise.” 6 Pomeroy’s Eq., section 814. Pome-roy on Specific Performance, section 407, says that where a vendee delays in order that he may speculate upon the chances of its proving to be an advantageous bargain, or that through a rise in value his gain may be assured, and then when he is thus certain that it will be a fortunate speculation, sues for a conveyance', equity may refuse to grant him relief. There is another reason against relief, even if the delay is not tó be ascribed to an intent of speculation. That reason is, that there was a great growth of value in minerals in that section of country. How great a growth we cannot say; but it was very large, lands once almost worthless became of great value. Railroads were built into that section piercing the country more and more as time progressed, and the en
Our conclusion is to reverse the decree and dismiss the bill.
Reversed. Dill Dismsssed.