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" Interest is the compensation allowed by law or fixed by the parties for the use, or forbearance, or detention of money. "
Bookkeeping: Intermediate and Advanced Courses - Page xi
by George Washington Miner - 1916 - 218 pages
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The Civil Code of the State of California: As Enacted in 1872, Amended at ...

California - 1876 - 626 pages
...unless it is otherwise expressly stipulated at the time in writing. [In effect July 1, 1874.J § 1915. Interest is the compensation allowed by law or fixed...for the use, or forbearance, or detention of money. [In effect July 1, 1874.] § 1916. When a rate of interest is prescribed by a law or contract, without...
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The Civil Code of the State of California: As Enacted in 1872, Amended at ...

California - 1876 - 612 pages
...unless it is otherwise expressly stipulated at the time in writing. [In effect July 1, 1874.] § 1915. Interest is the compensation allowed by law or fixed by the parties for the nse, or forbearance, or detention *f money. [In effect July 1, 1874.] § 1916. When a rate of interest...
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The Pacific Reporter, Volume 62

1901 - 1156 pages
...entitled "Loan of Money," and in that same chapter, at section 1915, interest is defined as follows: "Interest is the compensation allowed by law or fixed...for the use, or forbearance, or detention of money." On no theory of compensation to the state for the use or detention of money can interest be allowed...
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The Pacific Reporter, Volume 173

1918 - 1214 pages
...and Phrases, 3700; vol. 2, Second Series, 1145. In Black's Law Dictionary "Interest" Is defined as "the compensation allowed by law or fixed by the parties...for the use or forbearance or detention of money." Suppose for Illustration, respondents, after Hancock had been in their employ for one month under the...
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The Pacific Reporter, Volume 165

1917 - 1232 pages
...Williams v. American Hank. 4 Mete. (Mass.) 317; Beach v. Peabody, 188 111. 75, 58 NE 680." The right to the compensation allowed by law or fixed by the parties "for the uso or forbearance or detention of money" logically arises out of and follows, and does not precede,...
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The Southwestern Reporter, Volume 239

1922 - 1218 pages
...the evidence bearing upon the question from appellant's standpoint. Article -4973, RS, provides that "interest" is the compensation allowed by law or fixed by the parties to a contract for the use or forbearance or detention of money. "According to this article, as we analyze...
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The Code of Civil Procedure of the State of California, Adopted March 11 ...

California, James Henry Deering - 1897 - 1066 pages
...unless it is otherwise stipulated at the time, in writing: Civ. Code, sec. 1914; see also Id. 1917. Interest is the compensation allowed by law, or fixed...for the use, or forbearance, or detention of money: Civ. Code, sec. 1915. When a rate of interest is prescribed by a law or contract, without specifying...
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American Bankruptcy Reports: Reporting the Decisions and Opinions ..., Volume 9

1927 - 924 pages
...Edward Duffy, and AB Justice, for appellant. RM Weaver, and Hastings & Booe, for appellee. CONNOR, J. : Interest is the compensation allowed by law, or fixed...for the use, or forbearance, or detention of money. Black's Law Dictionary. The legal rate of interest in North Carolina is 6 per cent per annum for such...
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The American State Reports: Containing the Cases of General Value ..., Volume 79

Abraham Clark Freeman - 1901 - 1060 pages
...entitled "Loan of Money," and in that same chapter, at section 1915, interest is defined as follows: "Interest is the compensation allowed by law or fixed...for the use, or forbearance, or detention of money." On no theory of compensation to the state for the use or detention of money can interest be allowed...
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The Pacific Reporter, Volume 70

1903 - 1392 pages
...interest from Its date at the rate of 7 per cent, per annum. Section 1915 of the Civil Code declares, "Interest is the compensation allowed by law or fixed by the parties for the use, or forbeari anee, or detention of money;" and section ! 1920 of the same Code provides: "Interest is !...
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