Doyal v. Ben O'Callaghan Co.

R. L. Doyal, Jr., and others, as owners of an apartment complex, entered into a written contract with Ben O’Callaghan Company for the installation of heating air conditioning equipment in the various-apartments of the complex. A dispute arose as to delayed performance and final payment. A conference was held and a purported accord and satisfaction of the differences between the parties was proposed. The accord and satisfaction agreement provided that the owners would execute a note for $12,000 payable to O’Callaghan; an additional amount of money would be paid to O’Callaghan in cash; and…