Hagood v. Aikin

Citations

• 57 Tex. 511
• 1881 Tex. LEXIS 181

Syllabus

<p>1. Judgment — Interest on.— In a suit on notes executed January 1, 1876, bearing interest at the rate of two and one-half per cent, a month, it was not error to render judgment for the principal and interest due upon the notes up to judgment, and to make the judgment bear interest from its date upon such aggregate sum at the same rate of two and one-half per cent, per month.</p> <p>2. Same — Constitution.— Art. XVI, sec. 11, of the constitution, does not regulate the entry of judgments upon contracts made previous to its adoption.</p> <p>8. Same—Statute Construed.— Article 2930, R. S., means that a judgment shall bear the same interest as the contract upon which it is founded, if the rate were lawful at the time the contract was made, even though it may exceed the highest rate which may be contracted for since the adoption of the constitution.</p>