Deming v. Smith

SHINN, J., pro tem.

When the mortgage note of W. B. Deming and Ruth Deming in the sum of $125,000, given in 1926, and thereafter extended, fell due in February of 1933, negotiations were instituted for its further extension. On May 17, 1933, an agreement was reached for the extension until January 1, 1935, of the maturity of the debt, which amounted, with interest and taxes computed to May 15, 1933, t.o the sum of $135,747.54. This agreement, signed by W. B. Deming, owner of the property, his wife, Ruth Deming, and respondent Catherine B. Dallett Smith, in the form of written instructions to a…