Legal Opinion

Lazier v. Horan

Supreme Court of Iowa

Decided December 9, 1880PublishedCited by 11 opinions

Appeal from Polk Qvrcuit Oourt. Action upon a promissory note and for the foreclosure of a mortgage. There was a judgment and decree of foreclosure against the defendant, and he appeals. The facts appear in the opinion.

1Opinion of the CourtRothrock, J.

— The promissory note which is the foundation of the action is in these words:

“$1,250.00. Des Moines, Iowa, March 21, 1872.
“On or before the 21st day of March, 1874, I promise to pay to William Braden or order twelve hundred and fifty dollars, with interest thereon from this date until paid, at the rate of ten per cent per annum, payable annually, on the 21st day of March in each year, for value received, principal and interest payable at B. E. Allen’s Bank, in city of Des Moines; should any of said interest not be paid when due, it shall bear interest at the rate of ten per cent per annum…

2Cases cited2 opinions

  1. Wallace v. McConnellSupreme Court of the United States · 1839
  2. Williams v. TriplettSupreme Court of Iowa · 1856

3Cited by11 opinions

  1. McLeod v. DespainOregon Supreme Court · 1907
  2. Merchants & Planters Bank v. MeyerSupreme Court of Arkansas · 1892
  3. Bank of Montreal v. IngersonSupreme Court of Iowa · 1898
  4. Grissom v. Commerial National BankTennessee Supreme Court · 1889
  5. Adler v. Interstate Trust & Banking Co.Mississippi Supreme Court · 1933

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