Ford v. Hixon

Citations

• 49 Ill. 142

Syllabus

<p>1. Interest—where no rate agreed upon. In a contract for the payment of money, where no rate of interest is agreed upon, the legal rate is six per cent.</p> <p>2. Same—recovery of-—no rate agreed upon. And in an action upon such contract, it is error to render a judgment allowing a greater rate of interest.</p>