Ford v. Hixon

Illinois Supreme Court

Ford v. Hixon

49 Ill. 142

DecidedSeptember 15, 1868

StatusPublished

This text of 49 Ill. 142 (Ford v. Hixon) is published on Counsel Stack Legal Research, covering Illinois Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ford v. Hixon, 49 Ill. 142 (Ill. 1868).

Pincite

Opinion

Mr. Justice Lawrence

delivered the opinion of the Court:

The judgment must be reversed in this case, because it is for too large a sum. The jury evidently allowed interest at the rate of ten per cent, on the money borrowed. For this there was no warrant, as there had been no contract in regard to the rate of interest, and in such cases the legal rate is six per cent.

The judgment must be reversed and the cause remanded-

Judgment reversed.

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Mr. Justice Lawrence

delivered the opinion of the Court:

The judgment must be reversed in this case, because it is for too large a sum. The jury evidently allowed interest at the rate of ten per cent, on the money borrowed. For this there was no warrant, as there had been no contract in regard to the rate of interest, and in such cases the legal rate is six per cent.

The judgment must be reversed and the cause remanded-

Judgment reversed.

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Bluebook (online)

49 Ill. 142, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ford-v-hixon-ill-1868.