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MINNEAPOLIS, &C., R'Y v. COLUMBUS R'G MILL

119 U.S. 149 (1886)

MINNEAPOLIS AND ST. LOUIS RAILWAY v. COLUMBUS ROLLING MILL.

Supreme Court of United States.

Decided November 29, 1886.

Attorney(s) appearing for the Case

Mr Eppa Hunton for plaintiff in error. Mr. C.N. Olds and Mr. L.J. Critchfield filed a brief for same.

Mr. Richard A. Harrison, for defendant in error, submitted on his brief.

MR. JUSTICE GRAY, after making the foregoing statement of the case, delivered the opinion of the court.

The rules of law which govern this case are well settled. As no contract is complete without the mutual assent of the parties, an offer to sell imposes no obligation until it is accepted according to its terms. So long as the offer has been neither accepted nor rejected, the negotiation remains open, and imposes no obligation...

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