Sec. 1523. Change In Date
Description
This section is from the book "The Law Of Contracts", by William Herbert Page. Also available from Amazon: Commercial Contracts: A Practical Guide to Deals, Contracts, Agreements and Promises.
Sec. 1523. Change In Date
Changes in the date of the instrument,1 either antedating2 or post-dating3 it; or a change in the period of maturity, making maturity come earlier4or later5 than that fixed by the original contract; changing the period for which interest is to run, either making it begin earlier,6 as by changing the period of interest from "from maturity " to "from date,"7 or by delaying it,8 adding "fixed," which excludes days of grace,9 or adding that certain orders should be filled in thirty days,10 are all material alterations.
8Hartnett v. Holdrege, - Neb. - ; 97 N. W. 443.
1 Bowman v. Mitchell, 79 Ind. 84; Schnewind v. Hacket, 54 Ind. 248; Shanks v. Albert, 47 Ind. 461; Holmes v. Trumper, 22 Mich. 427; 7 Am. Rep. 661; Citizens' National Bank v. Williams, 174 Pa. St. 66; 35 L. R. A. 464; 34 Atl. 303; Boustead v. Cuyler, 116 Pa. 551.
2 Palmer v. Poor, 121 Ind. 135; 6 L. R. A. 469; 22 N. E. 984; Harsh v. Klepper, 28 O. S. 200; Sanders v. Bagwell, 32 S. C. 238; 7 L. R. A. 743; 10 S. E. 946.
3 Keene v. Weeks, 19 R. I. 309; 33 Atl. 446.
4 Hoopes v. Collingwood, 10 Colo. 107; 3 Am. St. Rep. 565; 13 Pac. 909; Derr v. Keaough, 96 la. 397; 65 N. W. 339; Draper v. Wood. 112 Mass. 315; 17 Am. Rep. 92.
5 Farmers', etc., Bank v. Novich, 89 Tex. 381; 34 S. W. 914.
6 Bowman v. Mitchell, 79 Ind. 84; Jones v. Bangs, 40 O. S. 139; 48
Am. Rep. 664; Gettysburg National Bank v. Chisolm, 169 Pa. St. 564; 47 Am. St. Rep. 929; 32 Atl. 731; McVey v. Ely, 5 Lea (Tenn.) 438.
7 Moore v. Hutchinson, 69 Mo. 429.
1 Wood v. Steele, 6 Wall. (U. S.) 80; Lesser v. Scholze, 93 Ala. 338; 9 So. 273; Mitchell v. Ringgold, 3 Harr. & J. (Md.) 159; 5 Am. Dec. 433; Johnson v. Johnson, 66 Mich. 525; McMurtrey v. Sparks, 71 Mo. App. 126; McMillan v. Hefferlin, 18 Mont. 385; 45 Pac. 548; Brown v. Straw, 6 Neb. 536; 29 Am. Rep. 369; Rogers v. Vosburgh, 87 N. Y. 228; Newman v. King, 54 O. S. 273; 56 Am. St. Rep. 705; 35 L. R. A. 471; 43 N. E. 683; Stephens v. Graham, 7 Serg. & R. (Pa.) 505; 10 Am. Dec. 485; Bell v. Boyd. 76 Tex. 133; 13 S. W. 232.
2 Seebold v. Tatlie, 76 Minn. 131; 78 N. W. 967.
3 Boulton v. Langmuir, 24 Ont. App. 618; Wood v. Steele, 6 Wall.
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