Rice v. Harris

Gaskins and his wife, owing Harris a past-due debt, made a contract with Rice on January 22, 1931, which was signed by all the parties, and in which Harris extended the time of payment until October 15, 1931; and Rice agreed that if Gaskins and his wife failed to pay at that time, and surrendered possession of certain land and personal property to Rice, he assumed and agreed to pay their indebtedness to Harris. Harris sued Rice on this alleged contract. The answer set up that there was no consideration to the defendant; that the contract was conditional, the defendant’s liability being…