Morehouse v. Allen

THE COURT.

This is an appeal from a judgment entered upon an order granting the plaintiff’s motion for judgment on the pleadings.

The action was on a promissory note dated February 28, 1921, for $3,000, executed and delivered by the defendant to the plaintiff. The terms of the note provide that it is payable “on demand, six months after date”, but it is also provided that “in the event of the extension, renewal, novation, or substitution of a certain note of February 15th, 1921, for $3,000 made by Carl B. Suksdorf and others in favor of N. J. Morehouse, then the time for the payment of this…