Echo Lake Corp. v. Town of Mount Pleasant

Judgment directing specific performance of a contract for the purchase and sale of real property reversed on the law and the facts and a new trial granted, with costs to abide the event; and with leave to plaintiffs to amend their complaint so as to set up a cause of action for damages if so advised. All findings of fact are reversed and the conclusions of law are disapproved, for the purpose of granting a new trial. The plaintiffs have mistaken their remedy. The water district, which made the contract to purchase, has been dissolved and performance by it is impossible. (Lowe v. Town of Mount…