A. M. Robinson Co. v. Anniston Land Co.
Supreme Court of Alabama
1Opinion of the CourtThomas, J.
The general essentials of a novation have been recently declared by this court. It involves three or more parties, and consists of four requisites, viz.: (1) A previous valid obligation; (2) the agreement of the parties to the new contract; (3) the extinguishment of the old contract; and (4) the validity of the new contract. Hopkins v. Jordan, 201 Ala. 184, 77 So. 710; J. F. No) gan Paving Co. v. Carroll, 211 Ala. 121, 99 So. 640.
In the recent case of Woodruff v. Satterfield, 199 Ala. 477, 74 So. 948, it was declared that one who advances money for the discharge of a prior lien will be…
2Cases cited20 opinions
- Gresham v. WareSupreme Court of Alabama · 1885
- Knighton v. CurrySupreme Court of Alabama · 1878
- Stoutz v. RouseSupreme Court of Alabama · 1887
- Savage v. BradleySupreme Court of Alabama · 1907
- Dinkins v. LathamSupreme Court of Alabama · 1918
15 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- First Nat. Bank v. Gilbert Imported Hardwoods, Inc.Supreme Court of Alabama · 1981
- Webb v. Bank of BrewtonSupreme Court of Alabama · 1957
- Stewart v. StephensonSupreme Court of Alabama · 1942
- Malkove v. First National Bank of MobileSupreme Court of Alabama · 1976
- Morgan Plan Company v. BruceSupreme Court of Alabama · 1955
7 more not listed; retrieve them via the Exa API.