Seton v. Hoyt
Oregon Supreme Court
From Multnomah: Alfred F. Sears Jr., Judge. Mandamus by Waldemar Seton against Ralph W. Hoyt, county treasurer, to compel payment of interest on a county warrant at the rate fixed by statute when the claim accrued, the treasurer having reduced the rate when a new statute went into force, whereby the legal interest was changed from eight to six per cent. The writ was made peremptory, and defendant appealed.
1Opinion of the Court
Me. Chiee Justice Wolvekton
delivered the opinion.
This is a proceeding by mandamus, the purpose of which is to determine whether the act of October 14, 1898, reducing the legal rate of interest, is operative upon interest-bearing county warrants issued prior to its passage, so as to limit the interest thereon to the present rate from and after said date. The act alluded to changes the prescribed rate of interest from eight to six per centum on all moneys after the same become due ; on judgments and decrees for the payment of money; on money received to the use of another, and retained beyond a…
2Cases cited33 opinions
- Chew Heong v. United StatesSupreme Court of the United States · 1884
- Cromwell v. County of SacSupreme Court of the United States · 1878
- United States v. North CarolinaSupreme Court of the United States · 1890
- Chapman v. County of DouglasSupreme Court of the United States · 1883
- O'Brien v. . YoungNew York Court of Appeals · 1884
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3Cited by47 opinions
- Lundgren v. FreemanCourt of Appeals for the Ninth Circuit · 1962
- Automobile Sales Co. v. JohnsonTennessee Supreme Court · 1938
- Graham v. MerchantOregon Supreme Court · 1903
- Sargent v. American Bank & Trust Co.Oregon Supreme Court · 1916
- Harrison v. Louisiana Highway CommissionSupreme Court of Louisiana · 1942
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