Joseph Story,
M'Donald v Bank of the United States…
“ It merely provides in general terms that M'Donald shall pay to the children 'as much money as they shall have a right to demand,' &c. when they shall come of age, and in the intermediate time they are to receive an amount sufficient for their support and maintenance. Even this contract is left wholly without any mortgage or other security for its fulfilment, either to Venable or to the children; and Venable strips himself of his whole estate, and relies exclusively upon the good faith and solvency of M'Donald, to extricate himself from all future difficulties. ”
