Mitchell v. Harper

Citations

• 80 Fla. 338
• 86 So. 246

Syllabus

<p>1. A valid agreement extending the time for the payment of an obligation has the effect of suspending the right to enforce payment during the period of such extension.</p> <p>2. In order to be effectual an agreement extending the time for. the payment of an obligation must be supported by a sufficient consideration. A mere agreement for delay for no definite time and without consideration is not binding.</p>