Miller v. Kyle

Citations

• 85 Ohio St. (N.S.) 186

Syllabus

<p>Stipulations in promissory notes — For attorney’s fees, void, whenI —Negotiability of note not destroyed — Sections 8106 and 8107, General Code.</p> <p>1. It is the settled law of this state that stipulations incorporated in promissory notes for the payment of attorney fees, if the principal and interest be not paid at maturity, are contrary to public policy and void.</p> <p>2. Sections 8106 and 8107 of the General Code do not give validity to such stipulations but provide only that they shall not destroy the negotiable character of instruments in which they are incorporated.</p>