Legal Opinion

Crocker-Anglo National Bank v. Claude T. Lindsay, Inc.

California Court of Appeal

Decided October 19, 1959No. Civ. No. 18156PublishedCited by 1 opinion

1Opinion of the CourtTobriner, J.

We must determine if a claim involving the purchase of goods for a liquidated sum on the terms of “2% ten; net 30” affords the right to statutory interest from the date of expiration of 30 days, or from any other date, prior to an order for the payment of the claim, within the meaning of the Probate Code. We have concluded that it fails to do so here because (1) the claim, presented to the executrix, made no demand for interest; (2) the claim on its face did not call for interest; and finally (3) the creditor was entitled to interest only from the date of order of payment.

The representative…

2Cases cited5 opinions

  1. Hilton v. McNittCalifornia Supreme Court · 1957
  2. Puppo v. LarosaCalifornia Supreme Court · 1924
  3. Estate of GirardCalifornia Court of Appeal · 1952
  4. Flynn v. California Casket Co.California Court of Appeal · 1951
  5. Aguirre v. PackardCalifornia Supreme Court · 1859

3Cited by1 opinion

  1. Estate of AdamsCalifornia Court of Appeal · 1959

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