Regions Bank refused to loan money to ZLM, Inc. unless its owner, Stewart, would sign the note as an accommodation party. He did and, sadly, ZLM did not repay the loan. But, because the note was due on February 16th which, that year happened to be Mardi Gras Day (a major festival in Louisiana), the bank waited until the next day to declare the note in default. Stewart alleged that he was not liable on the note because the extension had discharged his liability. Do you agree?