McVeigh's Ex'or v. Howard

Citations

• 87 Va. 599
• 13 S.E. 31
• 1891 Va. LEXIS 112

Syllabus

<p>1. Bonds—Interest—When payable.—It is the settled rule that when no day is named in a bond or note given for payment of a debt, it is due and payable on the day of its date, and bears interest from date, though no interest be reserved.</p> <p>2. Idem—Case at bar.—A bond in the words “ In consideration of professional services rendered to me by H., I owe, and hereby promise to pay to him, 810,000,” is a promise of payment inprsesenti, and bears interest from date.</p>