Majority
Headnote
Promissory Hote—Unexecuted Agreement Extending Time oe Payment.—In this action on a promissory note, it is held that an alleged agreement for an extension of the time of payment, which was pleaded as a defense, had never been executed; but, if regarded as an executed agreement, the defendant, by refusing to perform his part of the contract, was in no position to enforce any supposed rights under it.Defendant appeals from the judgment and from an order denying his motion for a new trial.
The action was on a promissory note for two thousand dollars and the judgment, which included costs and attorney’s fee, was for $2,249.05.
The answer admitted the execution of the note for the amount due plaintiffs from defendant in consideration of services rendered by plaintiffs in the sale of certain land. It was alleged, however, in the answer that after the commencement of the action a writing had been executed by defendant and O. G. Farnsworth, one of the plaintiffs and copartner of the other plaintiff, J. H. Cluck, whereby the time of payment was extended and it was mutually agreed that defendant should execute a new note for $2,030, secured by a mortgage on specified real property and certain crops and that the suit should thereupon be dismissed. It was also averred that defendant tendered the note and mortgage to plaintiffs and that subsequently plaintiff, Cluck, without reason refused to sign the agreement. The purported contract was pleaded by copy as an exhibit.
Clearly, the agreement never was executed. It was drawn for execution by both plaintiffs and the defendant never intended that it should become effective upon the signing of the instrument by one of the partners only. But even if we regard it as an executed agreement (which we can only do by overlooking the fact that the minds of the parties never met), the defendant by withdrawing the note and mortgage from escrow refused to perform his part of the contract, and therefore was in no position to enforce any supposed rights under it. No defense to the action was established. All that defendant succeeded in proving was an unsuccessful attempt to compromise the litigation.
The judgment and order are affirmed.
Henshaw, J., and Lorigan, J., concurred.