Wheeless v. Williams
Mississippi Supreme Court
Wheeless v. Williams, 62 Miss. 369 (Miss. 1884)
Cooper
Wheeless v. Williams
Opinion of the Court
delivered the opinion of the court.
On a note made payable on a certain day and bearing interest after maturity, interest begins to run on the day named, although for the purposes of suit the note does not mature until the expiration of the days of grace. Weems v. Ventress, 14 La. Ann. 267.
Judgment affirmed.
Reference
- Full Case Name
- George W. Wheeless v. Williams & Daniels
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- Promissory Note. Interest. Meaning of “ after maturity.” Where a promissory note payable on a certain day bears interest “ after maturity,” interest should be computed from the day fixed for payment, and not from the expiration of the days of grace.