Omaha Loan & Trust Co. v. Hanson
Omaha Loan & Trust Company v. Lars Hanson
Headnotes
Summary
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Opinion of the Court
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Post, C. J.
This is an appeal from a decree of the district court for Douglas county, the only question presented by the record being the validity of a provision of a promissory note for the payment of interest at six per cent per annum until maturity, and at a rate of ten. per cent thereafter. The identical question was considered in Havemeyer v. Paul, 45 Neb., 373 , in which, overruling Richardson v. Campbell, 34 Neb., 181 , the validity of the foregoing provision was sustained. . The decree of the district court will accordingly *871 foe reversed and the cause remanded, with directions to compute interest in accordance with the rule .herein approved.
Reversed.
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Cited by 8 cases
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