Zautcke v. North Milwaukee Townsite Co. No. 3
This text of 69 N.W. 978 (Zautcke v. North Milwaukee Townsite Co. No. 3) is published on Counsel Stack Legal Research, covering Wisconsin Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The defect supposed to exist in this complaint is that the semiannual instalments of interest do not, by the terms of the note, become due on a day certain, and that a demand was necessary before a default took place. The point is manifestly not well taken. The note was dated, executed, and delivered on the 26th of June, and by its terms interest is payable semiannually. This fixes the date of payment at the end of every six months thereafter. An instalment of interest therefore was due June 26, 1895, and no demand was necessary to create a default.
By the Gourt.— Order affirmed.
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Cite This Page — Counsel Stack
69 N.W. 978, 95 Wis. 21, 1897 Wisc. LEXIS 138, Counsel Stack Legal Research, https://law.counselstack.com/opinion/zautcke-v-north-milwaukee-townsite-co-no-3-wis-1897.