Gaddis v. Leeson

Citations

• 55 Ill. 83

Syllabus

<p>Contract—sale of land—whether binding. A, being the owner of a lot of ground in Chicago, offered to sell the same for $400. B accepted the offer, and as A was owing B more than that sum, it was agreed the purchase money should be allowed on the account. No memorandum of any kind was made in writing. No receipt was taken for the $400. Nor was any credit given on the account, and no time was fixed for completing the contract, and nothing further was done or said in regard to it: Neld, there was nothing in such a contract which was legally binding on either party, or which could be enforced in law or equity.</p>