Allegheny College v. National Chautaugua County Bank of Jamestown
- - Woman pledged 5K to college fund (to be in he name) payable 30 days after her death. She ended up paying 1K while alive. Shortly after she repudiated promise and college filed suit to get balance.
- - Cardozo said there was bilateral agreement w/consideration: 1K she gave and college’s acceptance was a promise to make the fund (would’ve spoken up otherwise)
- - Not so much a case of promissory estoppel b/c Cardozo found consideration present