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McKinlay v. Blackledge

Superior Court of North Carolina
Jan 1, 1798
3 N.C. 28 (N.C. Super. 1798)

Opinion

(Spring Riding, 1798.)

A promissory note to pay at the expiration of seven years from the date. without interest, will draw interest after the seven years have elapsed.

CASE upon a promissory note to pay at the expiration of seven years from the date, without interest. The seven years elapsed more than two years ago.

Baker for defendant.


This contract was made upon an expectation that it would be performed at the expiration of the seven years, and the words"without interest" are applicable to the seven years. They cannot be supposed to extend to the case of a delay of payment after that time. Interest is allowable for the delay of payment after that time.

There was a verdict accordingly.

(29)


Summaries of

McKinlay v. Blackledge

Superior Court of North Carolina
Jan 1, 1798
3 N.C. 28 (N.C. Super. 1798)
Case details for

McKinlay v. Blackledge

Case Details

Full title:McKINLAY v. BLACKLEDGE

Court:Superior Court of North Carolina

Date published: Jan 1, 1798

Citations

3 N.C. 28 (N.C. Super. 1798)

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