KENISON, C. J.
A half century ago New Hampshire by judicial decision, quietly and unheralded, modernized a portion of the law of consideration by lopping off one of the historical errors of the common law. It repudiated Pinnel's Case, 5 Coke 117a (1602) and Foakes v. Beer, 9 App. Cas. 605 (1884) as being neither logical nor just. See, Ferson, The Rule in Foakes v. Beer, 31 Yale L. J. 15 (1921); Havighurst, Consideration, Ethics and Administration...
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