155 P. 974 | Or. | 1916
delivered the opinion of the court.
“Where land or any estate or interest in land is the subject matter of the agreement, the jurisdiction to enforce specific performance is undisputed, and does not depend upon the inadequacy of the legal remedy in the particular case. It is as much a matter of course for courts of equity to decree a specific performance of a contract for the conveyance of real estate, which is in its nature unobjectionable as it is for courts of law to give damages for its breach. Equity adopts this principle, not because the land is fertile, or rich in minerals, but because it is land, a favorite and favored subject in England and every country of Anglo-Saxon origin. Land is assumed to have a peculiar value, so as to give an equity for specific performance, without reference to its quality or quantity”: 36 Cyc. 552.
The evidence, which we deem it unnecessary to quote at large, clearly shows that the plaintiffs did everything they were required to do and tendered performance of their part of the agreement, which the defendants refused without any sufficient excuse. Contracts are made to be observed, and nothing appears in this case on the evidence forbidding an application of the rule.
The decree of the Circuit Court is affirmed.
Affirmed.