Clarendon Bank & Trust v. Monroe-Fairfax Corp.

By JUDGE CHARLES H. DUFF

All parties are in agreement that the ultimate issue embraces the question of whether Monroe-Fair fax Corporation had the right to accept the option on Monday, October 30, 1972, when the 30th day for acceptance fell on Sunday, October 29, 1972. Phrased differently, when the last day for the acceptance of an offer between private parties falls on a Sunday, does that fact extend the time for acceptance until the following day, or Monday?

It is important to note the distinction between this issue and that presented in a number of the cases cited where a statute prescribes…