McLelland v. Singletary

A. J. and L. W. Singletary executed a promissory note by which they agreed to pay, on December 1, 1898, 6,500 pounds of cotton in bales of 500 pounds each. In January, 1899, there was a correspondence between A. J. Singletary and Young A. Gresham, the agent of the holder of the note, in regard to a proposed extension of the time of payment, the result of which was that an extension to December 1, 1899, was granted, Singletary paying $50 on the debt, and signing an agreement which Gresham had prepared and submitted to him for his signature, and which provided for payment of interest on the…