Stalder v. Riverside Groves Etc. Water Co.
California Supreme Court
APPEAL from an order of the Superior Court of Riverside County refusing a new trial. P. E. Densmore, Judge. The facts are stated in the opinion of the court.
1Opinion of the CourtSloss, J.
The defendant, Riverside Groves and Water Company, appeals from an order denying its motion for a new trial.
On July 24, 1909, said defendant made its promissory note, whereby it promised to pay to plaintiffs, on or before January 2, 1912, the sum of $3,627, with interest thereon at the rate of ten per cent per annum, payable semi-annually. Principal and interest were made payable at Riverside, and the note provided that if default should be made in the payment of any interest when due, “both principal and interest shall thereafter be due and payable at the option of the holders of this note.…
2Cases cited1 opinion
- Trinity County Bank v. HaasCalifornia Supreme Court · 1907
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- Lee v. O'QuinnSupreme Court of Georgia · 1937
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- Florance v. FriedlanderSupreme Court of Virginia · 1969
- Carolina Commercial Bank v. Allendale FurNiture Co.Court of Appeals of South Carolina · 1984
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