Hackenberry v. Shaw

Suit by the appellees against the appellants, as acceptors of a certain bill of exchange, drawn upon and accepted by them, for the sum of 567 dollars, 45 cents, payable six months after date, with 6 per cent. interest, if not paid at maturity.

The only question raised' in the case is, whether interest should be computed from the date of the bill, or only from the time of the default. The Court below allowed interest from the date of the bill.

This, we think, was right. To construe the words, “with 6 per cent, interest, if not paid at maturity,” to mean interest from the time of default merely,…