Woodmere Academy v. Steinberg
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtCapozzoli, J.
Plaintiff, Woodmere Academy, is a nonprofit educational institution. In 1969 it engaged in a fund raising campaign and pledges and contributions were solicited.
In August, 1969 defendant executed his formal printed pledge in the sum of $375,000. Subsequent to the execution of the pledge defendant paid to plaintiff $50,000 in January, 1971 on account of same. By the terms of the pledge the defendant undertook to pay the balance of $325,000 in 1972.
On December 7, 1973 the defendant wrote to plaintiff’s president the following letter:
"I regret to inform you that I will not be able to pay the…
2Cases cited6 opinions
- I. & I. Holding Corp. v. GainsburgNew York Court of Appeals · 1938
- Cohoes Memorial Hospital v. MosseyAppellate Division of the Supreme Court of the State of New York · 1966
- In re the Estate of LipskyNew York Surrogate's Court · 1965
- Breger v. Hampshire Country Club, Inc.Appellate Division of the Supreme Court of the State of New York · 1968
- Breger v. Hampshire Country Club, Inc.New York Court of Appeals · 1969
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3Cited by2 opinions
- Diners Club, Inc. v. MakoujyCivil Court of the City of New York · 1981
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