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The following section is to enter opinion authorship for each opinion part (concurrences, dissents, etc.).
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'''Facts''' Defendant signed and delivered to Spangler, an agent of the university, a note promising to pay $100 to the University in 3 years to help pay off the current University debt. The trustees brought suit because the promise of the note was not fulfilled. '''Procedural History''' Judgment entered against Johnson in the amount claimed. Defendant appealed. '''Issues''' Whether valid consideration was given in a promise to pay money as a gift. '''Holding''' Judgment reversed. '''Reasoning''' An executory contract to give is without consideration, and a promise to pay money as a gift may be revoked at any time before payment.