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Contracts Keyed to Marshall
Allegheny College v. National Cahutauqua County Bank of Jamestown
Citation:
159 N.E. 173 (1927)Facts
The plaintiff, Allegheny College, is an institution of liberal learning at Meadville, Pa. In June, 1921, a “drive” was in progress to secure for it an additional endowment of $1,250,000. An appeal to contribute to this fund was made to Mary Yates Johnston, of Jamestown, New York. In response thereto, she signed and delivered on June 15, 1921, the following writing: In consideration of my interest in Christian education, and in consideration of others subscribing, I hereby subscribe and will pay to the order of the treasurer of Allegheny College, Meadville, Pennsylvania, the sum of five thousand dollars; $5,000.
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