Conrad v. Gibbon
Supreme Court of Iowa
Appeal from General term, Eighth District (Tama County.) Friday, June 17. Action upon a note, and to foreclose a mortgage given to secure the payment of it. Trial to the court who found the facts and rendered judgment for plaintiff. The defendant appealed to the general term, where the , judgment was affirmed, and he now appeals to this court.
1Opinion of the Court
Cole, Ch. J.
The note sued upon reads as follows : “$480. Iowa City, August 8, 1855. One year after date, for value received, we promise to pay Victor L. Conrad or order, at the banking-house in Iowa City, the sum of four hundred and eighty dollars ; and if not paid when due, we promise to pay, as a penalty for the default, interest on the said sum at the rate of twenty per cent per year from maturity. This note may run at above rate for two years, interest to be paid annually.” This note was duly signed and had indorsements on it of five successive payments of eighty dollars each, in full for…
2Cases cited2 opinions
- Gower v. CarterSupreme Court of Iowa · 1856
- Gilmore & Smith v. Ferguson & CassellSupreme Court of Iowa · 1869
3Cited by8 opinions
- Federal Land Bank v. WilmarthSupreme Court of Iowa · 1934
- State Ex Rel. Turner v. Younker Brothers, Inc.Supreme Court of Iowa · 1973
- Krutz v. RobbinsWashington Supreme Court · 1895
- Richardson v. CampbellNebraska Supreme Court · 1892
- Stein v. SwensenSupreme Court of Minnesota · 1890
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