Lasater v. Western Clay Drainage District
Supreme Court of Arkansas
1Opinion of the Court
Kjrry, J.,
(after stating the facts). It is insisted by appellants that the clause in the contract providing for the payment of $10 per. day for all the time required for the completion of the contract after the expiration of the three years allowed therefor is a provision for a penalty, and not for liquidated or stipulated damages, and this contention must be sustained. In determining this question, the intention of the parties to the contract is controlling. In 17 C. J. 935, § 34, it is said: ‘ ‘ As a broad general rule, the intention of the parties will control as to whether a provision in…
2Cases cited14 opinions
- Arlington Hotel Co. v. RectorSupreme Court of Arkansas · 1916
- Clark v. J. R. Watkins Medical Co.Supreme Court of Arkansas · 1914
- Edgar Lumber Co. v. Cornie Stave Co.Supreme Court of Arkansas · 1910
- English v. ShelbySupreme Court of Arkansas · 1915
- Hastings Industrial Co. v. CopelandSupreme Court of Arkansas · 1914
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3Cited by3 opinions
- Reed v. WrightCourt of Appeals of Arkansas · 1980
- Johnson v. JonesCourt of Appeals of Arkansas · 1991
- McMillan v. Gurdon Lumber CompanySupreme Court of Arkansas · 1934