Ford v. Southern Motor Co.

On well-established principles of law, the bill of complaint is clearly without equity.

Conceding that J. A. Carr is, as alleged, the real owner of the note, and that he therefore had the authority to make, and did in fact make, the alleged agreement with complainant at the time he indorsed the note— viz. that the time for the paynient of the note would be extended from time to time until August 1, 1922, beyond the date of its expressed maturity—that agreement cannot be asserted either in law or in equity, because it is in violation of the elementary rule that parol contemporaneous agreements…