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CONTRACTS--CHARITABLE SUBSCRIPTIONS--ADEQUACY OF CONSIDERATION AND DEFINITENESS OF PROMISE

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Abstract

The opinion of Cardozo, J., in a recent New York case, reopens the subject of charitable subscriptions in relation to-the doctrine of consideration. The problem involved has been extensively noted, and has been considered in the Restatement of the Law of Contracts. How can a court give effect to the public policy which favors the enforcement of charitable subscriptions as an important means of support of beneficent institutions, and at the same time conform to the rule of law which declares gratuitous promises to be unenforceable?

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