A Synopsis of the Law of Contract

Cover A Synopsis of the Law of Contract
A Synopsis of the Law of Contract
Amos Madden Thayer
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But such is not the law in this country. In the absence of fraud or negligence, the unauthorized alteration of a contract by a third party does not vitiate it.
152. ALTERATION BY CUSTODIAN WHO IS NOT A PARTY. — It has also been held that the intentional alteration of a contract, by one who is not a party to it, but who has its custody, renders it voidable, without specific evidence that he had authority from one of the parties to alter it. Pattison v. Luckly, 10 Law Rep. Ex. 330 ; Morrison v. W
...elty, 18 Md. 169. This doctrine is not well established.
153. NOTE OR BILL ALTERED. — If negotiable paper, such as a note or bill, is altered in a material respect by the holder, it cannot be collected, even by an innocent purchaser for value.
154. CONTRACT ALTERED— RIGHT TO RECOVER ORIG- INAL CONSIDERATION. — It is the better view that when a party has intentionally altered a written contract, in a material respect, so that he cannot recover upon it, he cannot recover the original consideration upon which the contract was founded.


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