Richardson v. Breeding

The present controversy involves a provision for a ten per cent collection, or attorney’s fee, embodied in a collateral note and is an outgrowth of, and incidental to litigation involving approximately $30,000, which was due by the Bank of Grundy, Incorporated, (now in receivership) to A. S. Richardson. The trial court in deciding the main litigation in favor of Richardson, (from which there was no appeal sought) handed down an opinion, the concluding portion being as follows:

“ # * It is contended on the part of the bank that Richardson is not entitled to collect any attorney fee at all,…