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Cordell v. First National Bank

Henry Cordell, Pub. Adm'r v. First National Bank of Kansas City

Cordell v. First Nat'l Bank, 64 Mo. 600 (1877)
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Court
Supreme Court of Missouri · State Highest Courts
Decided
April 15, 1877
Judges
Other, Sherwood
Citations
64 Mo. 600
Headnotes
1. Certificate of deposit, interest on, after due — Judgment of affirmance with damages. — Where a certificate of deposit by iis terms matures six months after date, and is to bear six per cent, interest from date, it will continue to bear the same rate of interest until paid. And where a bank brings up a plain case like this, the judgment will be affirmed with ten per cent, damages.
Summary
Appeal ft om Jackson County Circuit Court. Payne vs. Clark, 23 Mo. 259; Pars. N. & B., Vol. 2, p. 393 ; Ewd. B. & N., 2 Ed. 348, star paging.

Syllabus and headnotes are prepared by the reporter or publisher, not the court, and are not part of the opinion.

Opinion of the Court — Sherwood

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Sherwood, C. J.,

delivered the opinion of the court.

The only question presented is, whether a certificate of deposit, payable' six months after date with interest from date at six per cent, per annum, continues to bear that rate of interest, after the arrival of its maturity, although not presented when that period arrives.

*601 An affirmative answer to just this question was returned by this court, twenty-one years ago, in Payne vs. Clark, 23 Mo. 259 .

Judgment affirmed, with ten per cent, damages.

All the other judges concur.

How later courts describe this case

No later court has written an explanatory parenthetical about this case yet.

1901: 11921: 119012026peak 1901 · 1

Relies on it most ⓘ

  1. Verdi v. Helper State Bank196 P. 225 (Utah 1921)
  2. Bank of Commerce v. Harrison66 P. 460 (N.M. 1901)

Most recent

  1. Verdi v. Helper State Bank196 P. 225 (Utah 1921)
  2. Bank of Commerce v. Harrison66 P. 460 (N.M. 1901)

Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.

Authorities cited 1

DepthCaseCited by
Payne v. Clark, 23 Mo. 259 (1856) 5

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