Mississippi Rice Growers Association (a.a.l.) v. Illinois Central Railroad Company, and J. F. Pigott, D/B/A Manufacturer's Warehouse Service

Fifth Circuit

Mississippi Rice Growers Association (a.a.l.) v. Illinois Central Railroad Company, and J. F. Pigott, D/B/A Manufacturer's Warehouse Service

295 F.2d 681, 1961 U.S. App. LEXIS 3321

Court of Appeals for the Fifth Circuit·Decided October 31, 1961·No. 18982·Published

Opinion

PER CURIAM.

Under the law of Mississippi, interest accrues from the time money is due under a contract. Section 36, Mississippi Code of 1942, Annotated; United Press Association v. McComb Broadcasting Corporation, 1947, 201 Miss. 68, 28 So. 2d 575; 30 So.2d 511; Holcombe v. McClure, 1953, 217 Miss. 617, 64 So.2d 689; Trinidad Asphalt Mfg. Co. v. Gregory, 5 Cir., 1948, 166 F.2d 745, 747, 748.

Paragraphs 3 and 5 of the judgment of the district court are therefore modified so as to include interest at the *682 rate of six per cent per annum on each respective recovery of $2,895.72 from January 1, 1956 until paid. The costs of appeal are taxed against the appellee J. F. Pigott, d/b/a Manufacturer’s Warehouse Service.

Modified and affirmed.

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PER CURIAM.

Under the law of Mississippi, interest accrues from the time money is due under a contract. Section 36, Mississippi Code of 1942, Annotated; United Press Association v. McComb Broadcasting Corporation, 1947, 201 Miss. 68, 28 So. 2d 575; 30 So.2d 511; Holcombe v. McClure, 1953, 217 Miss. 617, 64 So.2d 689; Trinidad Asphalt Mfg. Co. v. Gregory, 5 Cir., 1948, 166 F.2d 745, 747, 748.

Paragraphs 3 and 5 of the judgment of the district court are therefore modified so as to include interest at the *682 rate of six per cent per annum on each respective recovery of $2,895.72 from January 1, 1956 until paid. The costs of appeal are taxed against the appellee J. F. Pigott, d/b/a Manufacturer’s Warehouse Service.

Modified and affirmed.

Mississippi Rice Growers Association (a.a.l.) v. Illinois Central Railroad Company, and J. F. Pigott, D/B/A Manufacturer's Warehouse Service, 295 F.2d 681, 1961 U.S. App. LEXIS 3321 (5th Cir. 1961).

Pincite

295 F.2d 681 (Mississippi Rice Growers Association (a.a.l.) v. Illinois Central Railroad Company, and J. F. Pigott, D/B/A Manufacturer's Warehouse Service) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

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