In the case of Robert A. Parker and Miles White v. William Overman, the Supreme Court was asked to decide whether a deed given by two men in exchange for land could be considered valid if it had not been recorded before one of them died. The appellants argued that since they had made an agreement with Overman, he should have honored it even though it wasn't officially recorded until after one of them passed away. However, the court ruled against them on grounds that such agreements must be formally documented in order to be legally binding; otherwise there is no proof that any contract existed between parties involved and thus cannot stand up in court as evidence or legal precedent. This decision set a precedent for future cases involving similar circumstances where contracts must be properly documented prior to death or other events which may render them invalidated due to lack of proper documentation at time of execution.

In the case of Robert A. Parker and Miles White v. William Overman, the appellants argued that a certain deed was void due to its lack of consideration or value exchanged between parties at the time it was made. The Supreme Court disagreed with this argument, finding that although no money had been exchanged for the deed in question, there were other forms of valuable considerations such as promises and services which could be used to validate a contract. Furthermore, they found that even if these considerations were not present when making an agreement, courts should still recognize them as valid if both parties agreed upon them afterwards. Ultimately, while recognizing that consideration is necessary for any legal contract or agreement to be binding under law; they concluded that non-monetary forms are just as valid and enforceable by courts despite their absence at initial formation of said agreements.