United Bros. of Friendship of Texas v. Kennedy

(after stating the facts as above). The trial court found as a fact that appellees accepted the $500 paid to them May 10, 1916, as a “full settlement for all claims” they had against appellant, but concluded that appellees, “under the law of accord and satisfaction,” nevertheless were entitled to recover interest on the sum from the time it should have been paid to them. The law the court invoked, when applied to the facts of the case, did not authorize the conclusion he reached. Appellant’s contract was to pay the $500. It did not contract to pay interest. Therefore interest was recoverable…