Payment of interest already due is no consideration for a promise to extend the time of payment, since the creditor is already entitled thereto.1 Prompt and regular payment of interest by a debtor in accordance with the

3 Arizona. State v. Gregg, 18 Ariz. 121, 157 Pac. 227.

Colorado. Scblessinger v. Schlessin-ger, 39 Colo. 44, 8 L. R. A. (N.S.) 863, 88 Pac. 970.

Minnesota. Demeules v. Jewel Tea Co., 103 Minn. 150, 123 Am. St. Rep. 315, 14 L. R. A. (N.S.) 954, 114 N. W. 733.

New York. Komp v. Raymond, 175 N. Y. 102, 67 N. E. 113.

Utah. Smoot v. Checketts, 41 Utah 211, 125 Pac. 412.

West Virginia. Nixon v. Kiddy, 66 W. Va. 355, 66 S. E. 500.

4 See Sec. 1166 and ch. LXXV.

5 Gordon v. Moore, 44 Ark. 349, 51 Am. Rep. 606; Dreyfus v. Roberts, 75 Ark. 354, 112 Am. St. Rep. 67, 69 L. R. A. 823, 87 S. W. 641; Aboni v. Rath-bone, 54 Conn. 444, 8 Atl. 677; Johnson v. Cooke, 85 Conn. 679, Ann. Cas. 1913C, 275, 84 Atl. 97; Clayton v. Clark, 74 Miss. 499, 60 Am. St. Rep. 521, 37 L. R. A. 771, 21 So. 565, 22 So. 189; Holbrook v. Blodget, 5 Vt. 520; Stephens v. Thompson, 28 Vt. 77; Guyette v. Bolton, 46 Vt. 228; Ashley v. Hendee, 56 Vt. 209.

6 Dreyfus v. Roberts, 75 Ark. 354, 112 Am. St. Rep. 67, 69 L. R. A. 823, 5 Am. & Eng. Ann. Cas. 521, 87 S. W. 641; Johnson v. Cooke, 85 Conn. 679, Ann. Cas. 1913C, 275, 84 Atl. 97.

7 Under Comp. Laws, N. D. [1913], Sec. 5827, 5828 and 5833. Strobeck v. Blackmore, 38 N. D. 593, 165 N. W. 980.

This is no longer true in South Dakota. Section 1177 of the Civil Code (Comp. Laws S. D. 1913) has been amended by omitting the words "or less than." The common-law rule is thus restored. Eggland v. South, 22 S. D. 467, 118 N. W. 719.

1 Arkansas. Ward v. Nutt, 120 Ark. 443,179 S. W. 667.

Illinois. Heenan v. Howard, 81 111. App. 629; Amberg v. Nachtway, 92 111. App. 608.

Indiana. Starret v. Burkhalter, 70 Ind. 285; Bugh v. Crum, 26 Ind. App. 465, 84 Am. St. Rep. 307, 59 N. E. 1078.

Kentucky. Alley v. Hopkins, 98 Ky.

Page on Contracts terms of a pre-existing contract, is no consideration for a promise to discharge such obligation by will at the death of the creditor.2 A promise by the debtor to pay interest at the rate already fixed for such time as the debt should remain unpaid, the debtor having the privilege of paying it whenever he can, and of discharging his liability by paying the principal with interest down to the date of payment, is no consideration for a promise to extend the time of payment.3 So a promise to pay interest on an interest-bearing account until paid is no consideration.4