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GENEST v. JOHN GLENN CORPORATION

TC 113,798; CA A23098; SC 29599.

696 P.2d 1058 (1985)

298 Or. 723

Stan GENEST, Respondent On Review, v. JOHN GLENN CORPORATION, an Oregon Corporation; Eastside Properties, Inc., an Oregon Corporation; and Glenn Wilbur and John C. Wilbur, Petitioners On Review.

Supreme Court of Oregon, In Banc.

Reassigned June 1, 1984.

Reassigned October 25, 1984.

Decided March 6, 1985.

Attorney(s) appearing for the Case

J. Michael Alexander, Salem, argued the cause for petitioners on review. With him on the briefs were Charles D. Burt and Burt, Swanson, Lathen, Alexander & McCann, Salem.

Paul J. Lipscomb, Salem, argued the cause for respondent on review. With him on the briefs were Ron MacDonald and Blair, MacDonald, Jensen & Lipscomb, Salem.

LENT, Justice.

We are first required to ascertain the terms of an option to purchase real property and then to decide whether the holder of the option is entitled to a judgment for specific performance. Both the trial court and the Court of Appeals, Genest v. John Glenn Corporation, 62 Or.App. 562, 661 P.2d 1383 (1983), found that plaintiff had established that the option fixed a purchase...

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