Godfrey v. Rogers

Citations

• 3 Cal. 101

Syllabus

<p>Where the assignee of a mortgage upon premises, the buildings upon which were destroyed by fire, agreed to waive his lien in favor of one who had agreed to advance money to rebuild, but no agreement was made at the time as to interest: Held, that the guarantee of the assignee, extended no further than the contract when made, and as this was silent as to interest, that a higher rate of interest than the law allowed, where tlie rate was not agreed upon by the parties, could not be allowed.</p>