McCormick Harvesting Machine Co. v. Yoeman

This was an action by appellant against appellee on a promissory note. The note was given for a corn harvesting machine. Appellant gave appellee a written warranty upon the machine sold. Appellee’s answer pleaded a breach of the warranty. Appellant replied, in *416substance, that, after the maturity of the note, and while it was attempting to collect it, and while appellee was claiming that he had some defense to it, appellee and appellant entered into an agreement by which, in consideration of extending the time of payment until a definite day, and by way of settlement and compromise, appellee…