Patterson v. Green

HOLMES, Judge.

This is a contract case.

The plaintiff sued the defendants for failure to pay monetary installments on an oral contract. After an ore tenus hearing, the trial court found that the defendants were in default of the oral contract. The trial court also found that six percent interest was payable on the original contract amount of $7,500 and awarded the plaintiff a total amount of $4,595 in principal and interest.

The defendants appeal, contending that' the trial court erred in finding that six percent interest was payable on the principal amount of $7,500. We agree and reverse the…