James Clark McReynolds

“ Should the statutory damages for nonpayment of a judgment be determined by a state, either in whole or in part, the owner of a judgment will be entitled to receive and have a vested right in the damages which shall have accrued up to the date of the legislative change ”

“ It is insisted that as the judgment now under consideration specified a definite interest rate while the one in Morley v. Lake Shore Railway Co., supra, did not, the doctrine there approved is inapplicable. To this we cannot assent; mere recital of a particular rate does not change the nature of the charge as a penalty or liquidated damages.
It should be noted that the county warrants, upon which plaintiff in error sued, bore no interest ”