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COLUMBIA CHRISTIAN COLLEGE v. CMWLTH. PROP., INC.

No. 423-056; SC 25374.

594 P.2d 401 (1979)

286 Or. 321

COLUMBIA CHRISTIAN COLLEGE, Inc., an Oregon Corporation, Respondent-Cross-Appellant, v. COMMONWEALTH PROPERTIES, Inc., an Oregon Corporation, Appellant-Cross-Respondent, Amfac Mortgage Corporation, an Oregon Corporation, Defendant.

Supreme Court of Oregon, Department 1.

Decided May 8, 1979.

Rehearing Denied June 19, 1979.

Attorney(s) appearing for the Case

James H. Clarke, Portland, argued the cause for appellant. With him on the briefs were George L. Kirklin and O. Meredith Wilson, Jr., of Dezendorf, Spears, Lubersky & Campbell, Portland.

John E. Frohnmayer, of Tonkon, Torp & Galen, Portland, argued the cause and filed a brief for respondent.

Before HOLMAN, P.J., and HOWELL, LENT and LINDE, JJ.

Rehearing Denied June 19, 1979. See 596 P.2d 554.

HOWELL, Justice.

This is a suit for specific performance of a land sale contract. The trial court found specific performance impracticable but awarded the plaintiff "equitable compensation" in the amount of $92,300 to compensate plaintiff for the length of time its property was tied up in the transaction. Defendant1 appeals the award of equitable...

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