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· 10/1/1881

Mobley v. Davega

Citations

  • 16 S.C. 73
  • 1881 S.C. LEXIS 133

Syllabus

<p>A note payable twelve months after date, “with interest from date, at twelve and a-half per cent, per annum, interest payable annually,” and described by the maker, in a mortgage contemporaneously executed, as a note “with interest thereon at the rate of twelve and a-half per cent, per annum till paid,” draws the same rate of interest after maturity as before. The rule laid down in Langston v. Railroad Company, 2 S. C. 248, approved.</p>

Judges: McGowan, McIver, Simpson

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.