24 N.Y. 367 | NY | 1862
The plaintiff not being in a condition to perform the contract on his part on the day fixed for that purpose, the defendant being ready and offering to perform, for the convenience and at the request of the plaintiff, performance on that day was waived by the parties and the time extended *369 until the next day at one o'clock; and a place for the performance was agreed upon by parol.
This parol extension was valid and operated to continue to the parties all their rights under the contract over to the time fixed for its final performance. Every other stipulation in the contract remained in full force; and the only effect of the arrangement was to substitute another day and agree upon a place for the delivery of the deed and the payment of the purchase-money. (Dearborn v. Cross, 7 Cow., 48.) The contract was continued alive, and neither party lost the right to insist on a strict performance at the time agreed upon by parol, or in default thereof the payment of the liquidated damages. (Esmond
v. Benschoten, 12 Barb., 366; Hasbrouck v. Tappen, 15 John., 200.) The mere extension of time is not a waiver of anything. An enlargement of the time for making an award does not dispense with the stipulation to make the submission a rule of court. (Evans v. Thomson, 5 East., 193.) The contract here was not sealed, so that the question as to the effect of a parol agreement upon a sealed executory contract, made before breach, does not arise, which was the question in Delacroix v. Bulkly
(13 Wend., 71). But as performance of a covenant may be waived by parol, there seems to be no objection to an extension of time, which is but a temporary waiver of performance by parol. InFleming v. Gilbert (3 John., 528), it was held that the time of the performance of the condition of a bond may be enlarged by parol agreement of the parties. (Stone v. Sprague, 20 Barb., 509.) Assuming, therefore, the enlargement of the time of performance to be valid, and that all the other stipulations remained in full force, the parties were only bound to each other according to the contract thus modified as to the time and place of performance. Each could require performance of the other the next day at one o'clock at the office of Mr. Smith, and at no other time or place. Certainly the party making default at that time could not put the other party in default by a subsequent offer of performance. The agreement was not for an enlargement of the time until one o'clock the next day or such other time as *370
should suit the convenience of either party. The plaintiff was in default on the day named in the contract; and the defendant being then ready and offering to perform on his part, might have had his action against the plaintiff without a formal tender of the money. The plaintiff was not then in a condition to perform and so declared, and a formal tender would have been nugatory. (Bellinger v. Kilts, 6 Barb., 273; Buck v. Burk,
The judgment must be reversed and a new trial granted, costs to abide the event.
All the judges concurring,
Judgment reversed and new trial ordered. *372