Wehrly v. Morfoot
Illinois Supreme Court
Appeal from the Appellate Court for the Third District;— heard in that court on appeal from the Circuit Court of Greene County; the Hon. Albert G. Burr, Judge, presiding.
1Opinion of the CourtJustice Sheldon
This was an action of assumpsit, brought to recover one year’s interest, alleged to be due on February 3, 1881, on four promissory notes, three of them for $2000 each, and the other for $1600, on the latter of which there was paid on the principal $1150, February 2, 1879. Each one of the notes bore date February 3, 1877, and was payable ten years after date, with ten per cent interest per annum, payable annually, with this provision: “If the interest is not so paid, the entire principal sum shall immediately become due and payable. ” The interest on each note had been paid to February 3,…
2Cited by6 opinions
- Heintz v. AmesAppellate Court of Illinois · 1936
- Des Moines Savings Bank & Trust Co. v. LittellSupreme Court of Iowa · 1929
- Peters v. MeyerNebraska Supreme Court · 1936
- First National Bank of Hollywood v. FreedmanDistrict Court of Appeal of Florida · 1971
- Garvy v. WilderCourt of Appeals for the Seventh Circuit · 1941
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