Texas Supreme Court

J. B. Watkins v. Guy W. Junker.

April 12, 189790 Tex. 584

Summary

The Texas Supreme Court held that interest may be awarded as damages on a breach of contract claim, that the question of whether interest applies is a matter of law for the court to instruct the jury on, and that the statutory interest rate in effect during the period of accrual governs, requiring a split rate after the 1892 change. Accordingly, the lower courts' judgments were reversed and a judgment for the defendant with the appropriate interest was entered.