Hand v. Armstrong
Supreme Court of Iowa
Appeal from Dubuque District Court. The facts are sufficiently stated in the opinion of the Court.
1Opinion of the CourtLowe, J.
1. Promissory note: interest. The action is founded upon the following H0t6!
“ March 1st, 1863.
“ One year after date, I promise to pay to John.Hand two thousand dollars, with interest at ten per cent per annum.
(Signed), WILLIAM ARMSTRONG.”
The defense set up, was, that of payment in full of the principal and the interest due thereon.
At the trial it was shown and admitted, that on the 1st day of March, 1865, the defendant paid plaintiff $2,320, which covered the principal and 10 per cent interest thereon for the first year, and six per cent interest for the second year. The court held, that the…
2Cases cited9 opinions
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- Macomber v. DunhamNew York Supreme Court · 1832
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- Hopkins v. CrittendenTexas Supreme Court · 1853
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3Cited by11 opinions
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- Shaw v. RigbyIndiana Supreme Court · 1882
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