Legal Opinion
Vines v. Tift & Co.
Supreme Court of Georgia
Decided March 3, 1888PublishedCited by 5 opinions
Promissory Notes. Statute of Limitations. Interest and Usury. Before Judge Bowejr. Worth Superior Court. April Term, 1887. Reported in the decision.
1Opinion of the Court
Bleckley, Chief Justice.
In February, 1874, when there was no limitation of the rate of interest, all laws on the subject of usury having been repealed in the previous year, Yines executed to Tift & Oo. a promissory note stipulating for interest at the rate of one and three quarters per cent, per month. On that note there was aoredit. And it ran on with much of it unpaid, until April 27th, 1882, when another credit was entered, in these terms:
“ 1882. April 27, by balance account rendered for 1876, credited under date of November 12, 1876, $48.01.
H. W. Vines.”
On this note suit was brought by…
2Cited by5 opinions
- Hiscock v. HiscockMichigan Supreme Court · 1932
- Shumate v. RyanSupreme Court of Georgia · 1906
- American Mortgage Co. of Scotland Ltd. v. RawlingsSupreme Court of Georgia · 1906
- Siefferman v. PeppersCourt of Appeals of Georgia · 1981
- Lindenberg v. First Federal Savings & Loan Ass'nDistrict Court, N.D. Georgia · 1981