Allegheny College v. National Chautauqua County Bank
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Allegheny College v. National Chautauqua County Bank | |
Court | Court of Appeals of New York |
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Citation | 159 N.E. 173 |
Date decided | 1027 |
Facts
Defendant promised to donate to plaintiff college, and they relied on her promise.
Rule
When a charitable subscription is made, and the charity relies on the promise, a promissory estoppel may result from the assumption of duty to apply the fund as a substitute for consideration.
Resources