Krutz v. Robbins

The opinion of the court was delivered by

Anders J.

On March 1, 1889, the defendants Robbins borrowed from the plaintiff Thomas S. Krutz the sum of $2,500, for which they gave him their promissory note payable five years after that date at the Chemical National Bank in the City óf New York, with interest at the rate of seven per cent, per annum, payable semiannually. Coupons for the several semiannual installments of interest were attached to the note, in each of which it was provided that the sum therein named ($87.50) should draw interest at the rate of twelve per cent, per annum after…