Llano Improvement & Furnace Co. v. Eubanks, No. 538.

No. 538. | Tex. App. | Nov 1, 1893

The note sued on, in addition to the principal, called for 12 per cent interest from date, and 10 per cent on the amount of principal and interest as attorney fees in case the same was placed in the hands of an attorney for collection. There is no express stipulation in the note that the attorney fees shall bear interest.

The court below rendered judgment against the appellant for the principal amount of the note, and interest on that sum at the rate stated in the note, and upon this amount rendered judgment for the 10 per cent attorney fees, and that the gross sum of the judgment shall bear interest at 12 per cent.

The validity of this judgment is attacked by the following assignment of error:

"The court erred in rendering judgment for 10 per cent of the principal and interest of the note sued on as attorney fees, and for interest on said attorney fees from the date of the judgment at the rate of 12 per cent per annum."

The following authorities on the points raised hold against the appellant: Washington v. First National Bank of Denton, 64 Tex. 4" date_filed="1885-07-01" court="Tex." case_name="Washington v. First National Bank">64 Tex. 4 [64 Tex. 4" date_filed="1885-07-01" court="Tex." case_name="Washington v. First National Bank">64 Tex. 4]; Llano Improvement Co. v. Watkins, decided at the present term [4 Texas Civ. App. 428[4 Tex. Civ. App. 428" date_filed="1893-10-25" court="Tex. App." case_name="Llano Improvement Co. v. Watkins">4 Tex. Civ. App. 428]].

The judgment of the court below is affirmed.

Affirmed.