J. R. Watkins Co. v. Rachal

On January 24, 1942, defendant, Frank F. Rachal, was indebted unto the plaintiff, The J. R. Watkins Company, to the extent of $1,767.09 for merchandise the company had delivered to him under contract and which defendant, presumably, had sold and for which he had not paid. On said date defendant and the plaintiff entered into a new written contract wherein defendant acknowledged that he was due to plaintiff said amount and promised to pay same in amounts satisfactory to the company; and further agreed that at the termination of the new contract he would pay any balance thereon then remaining…