Nelson v. Flagg

Citations

• 18 Wash. 39
• 50 P. 571
• 1897 Wash. LEXIS 101

Syllabus

<p>EXTENSION OP NOTE — CONSIDERATION—DISCHARGE OP SURETY.</p> <p>An agreement between the maker and holder of a note to extend the time of payment for a definite period, thus obligating the maker to pay the rate of interest provided for in the note during the period of extension, constitutes such a new contract between the parties as to discharge a surety when not made with bis knowledge or consent.</p>