William Burnham Woods,
Ohio v. Frank — Opinion of the Court
“ At the date of the bonds sued on the law of Illinois fixed the rate of interest at six per cent per annum where it was not settled by the contract, but allowed parties to contract for any rate not exceeding ten per cent per annum.No authority is cited in support of the proposition that no interest should have been allowed on the bonds after their maturity. the case of Holden v. Trust per cent interest should have been Company (100 U.S. 72) , to support the claim that only six per cent interest should have been computed on the bonds after their maturity. ”
