..., 234 P.2d 557 (1951), the court stated:
"A substituted contract, or a novation, in which the sole participants are the parties to...receipt cannot be regarded as evidence of the agreement of the parties. It was
superseded January 19, 1949, when the parties signed the
substituted contract."
Id. at 179 (emphasis added).
In Credit Bureaus v. Cox Brothers, 207 Or. 253, 257-58, 295 P.2d 1107 (1956), this court summarized the law relating to novation contracts...:
"A novation is a substituted contract that includes as a party one who was neither the obligor nor the obligee of the original duty.
"Comment:
"a. Definition of novation. The word `novation' is used in this Restatement to refer to a type of substituted contract that has the effect of adding a party, either as obligor or obligee...