72 A.D. 562 | N.Y. App. Div. | 1902
This is an- action- for specific performance of a contract to convey real estate wherein the' defendant pleads the Statute of Frauds. (2
Upon ¿onsideration of this correspondence I think that it does not establish a meeting of the minds upon all of the essentials which must be embodied in a contract, but that it must be construed as the writing of preliminary negotiation, which shows progress towards an agreement, but not the completion thereof. While a contract may be established by correspondence, it must appear therefrom that there was an offer and an acceptance of all the essentials without qualification and in precise terms. (Barrow Steamship Co. v. M. C. R. Co., supra; Brown v. N. Y. Central R. R. Co., 44 N. Y. 79; Bish; Cont. [Enl. ed.] § 323.) In Stratford v. Bosworth (2 V. & B. 341) the .vice-chancellor cites the rule of Eldon, L. C., in Huddleston t. Briscoe (11 Yes. Jr. 583): “The court is not to decree
The judgment should be reversed and a new trial ordered, costs to abide the event.
All concurred.
Judgment reversed and new trial granted, costs to abide the final award of costs.