Nelson v. Flagg

The opinion of the court was delivered by

Gordon, J.

The appellant was surety upon a promissory note executed by defendants Elagg and wife to tbe respondent. Tbe note bears date November 21, 1893, payable one year thereafter, with interest at ten per cent. At or about tbe time of tbe maturity of tbe note, without tbe knowledge or consent of tbe appellant, tbe makers and tbe respondent entered into an arrangement whereby an extension of tbe time of payment for tbe period of one year was granted. Tbe contract of extension was evidenced by tbe following memorandum indorsed on tbe back of tbe note,…