Glisson v. . Newton
Superior Court of North Carolina
1Opinion of the Court
Upon evidence it appeared that disputes existed between the plaintiff and defendant relative to a tract of land; that they agreed to submit these disputes to arbitration; that the arbitrators awarded Glisson to give possession of the land to Newton at a prefixed day, and that on the same day Newton should pay £ 90 to Glisson. On the day appointed, Newton being unable to pay the money, proposed that Glisson should give time for payment, about eleven months longer; for that forbearance he would give a premium of $25, and, moreover, pay the legal interest. This proposal was accepted by Glisson.…
2Cited by1 opinion
- Briggs v. Industrial Bank of RichmondSupreme Court of North Carolina · 1929