Bullion & Exchange Bank v. Spooner

Citations

• 4 Cal. Unrep. 531
• 36 P. 121
• 1894 Cal. LEXIS 1188

Syllabus

<p>Mortgages—Foreclosure—Maturity of Debt.—When an Overdraft Account with a bank is secured by a note and mortgages payable on or before three years, and interest as due is charged in the account, the rules against parol evidence (Civ. Code, see. 1625; Code Civ. Proe., see. 1856) forbid proof of an oral agreement that the debt should be due at any time within the three years, at the bank’s option.</p>