Summary

Portrait of Joseph Story Joseph Story Bank of the United States v. Hatch…

What substantial difference is there between such a contract, and a contract to suspend a suit already commenced; which is the only apparent remedy for the recovery of the bill during the same period? Is it not the natural, any necessary intendment, that the defendant shall have the full benefit of the whole period as a delay of payment of the debt? It is no answer that a new suit would be attended with more delay.
Source: Wikisource

Portrait of Joseph Story Joseph Story Bank of the United States v. Hatch…

It is scarcely possible that Pearson should have been willing to give a valuable consideration for the delay of a term, and yet have intentionally left avenues open to be harassed by a new suit in the interval. Indeed, no other remedy, except in that particular suit, seems to have been within the contemplation of either party. If the bank had engaged for a like consideration, not to sue Pearson on the bill for the same period, there could have been no doubt that it would be a contract suspending all remedy.
Source: Wikisource

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