Haygood v. the Stevenson Co.

Bell, Presiding Judge.

The Stevenson Company brought this suit upon a promissory note against Mr. and Mrs. I. E. Hay-good, Jr., as makers. Upon the trial it was proved without dispute that on January 22, 1962, John H. West, acting as plaintiff’s agent, negotiated a transaction with defendants, by which defendants on that date granted plaintiff an option for a period of one year to purchase certain land. Plaintiff paid defendants for the option the sum of $2,480. On January 11, 1963, defendant I. E. Haygood, Jr., agreed with West to extend the option for an additional period of one year. For…