Union Mutual Life Insurance v. University of Chicago

In 1856, Stephen A. Douglas was the owner of a tract of land in the south part of the city, which lie proposed to convey to certain parties or to a corporation for an institution of learning. A contract was made between him and Dr. Burroughs, who represented the institution, on tlie second day of April, 1856. This conveyance was to be made on certain conditions which were expressed in the contract, among which were that there should be a building erected on the property, and that a certain amount of money *444should be contributed. On November 10, 1856, it appears that Dr. Burroughs ascertained…