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20 Law. & Banker & Cent. L.J. 393 (1927)
Statute of Frauds

handle is hein.journals/lbancelj20 and id is 397 raw text is: Statute of Frauds
Modification of Written Agreement May Be by Parol
By Julius Limbach of the Chicago, Illinois, Bar.
A written agreement may always be modified by subsequent parol
agreement of the parties (Solomon v. Valette, 152 N. Y., 147, 151). In
the case cited Judge Haight, writing for the unanimous Court of Ap-
peals, said (p. 151):
It is true that this direction was oral, but it was subse-
quent to the written contract, and it was competent for the
parties to modify a written agreement by an oral arrange-
ment.
In Coff-Garrod Co. v. Dodwell & Co., Lim. (170 N. Y. Supp. 615),
it was said: The rule is settled that a written agreement, not under seal,
may be modified by oral agreement.
It is sometimes stated that a written agreement required to be in
writing under the Statute of Frauds may only be modified by an agree-
ment in writing. In other words, that the change effected by the sub-
sequent agreement of the parties must partake of the same formalities
as their original agreement. This, however, is not a universal doctrine,
though such parol modification may in some cases not be enforcible under
the statute (Imperator Realty Co. v, Tull 228 N. Y., 447; Coff-Garrod
Co. v. Norma Chocolate Co., 185 N. Y. Supp., 553, per Lehman, J.)
In the Imperator Realty Co. case (supra) Judge Chase, writing for
the Court of Appeals, said at p. 451 :
Where a contract is reduced to writing and appears to
include the entire agreement of the parties and to be free
from fraud, the rule is quite universal that oral evidence will
not be received of conversations or transactions leading up
to the making of a contract or in connection with the execu-
tion thereof for the purpose of varying, modifying, reducing
or extending the terms thereof (Lese v. Lamprecht, 196 N.
Y., 32; Eighmie v. Taylor, 98 N. Y., 288).
After the execution of a written contract, including one
within the statute, the parties may, of course, reconsider the
subject matter thereof and decide to modify or rescind it.
The oral agreement found in this case was made after the
execution of the written contract. (Italics ours.)

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