Milwaukee Medical College, Inc. v. Marquette University, Inc.

The defendant claims that the correspondence between the parties merely constitutes preliminary negotiations for the preparation by plaintiff and presentation to defendant for signature of a written lease for a tenancy from April 26, 1929, to October 26, 1929, and that as no such lease was presented for signature the correspondence goes for naught.

We concede the correctness of the proposition of law asserted by the defendant in defense, that where during preliminary negotiations it is understood that one party is to prepare and present for signature to the other a formal written agreement to…