SEALS v. MORRIS

No. CA 84 0598.

465 So.2d 140 (1985)

Shellie J. SEALS v. Eugene MORRIS, et al.

Court of Appeal of Louisiana, First Circuit.

February 26, 1985.


Attorney(s) appearing for the Case

Jim W. Richardson, Bogalusa, for plaintiff.

John J. Hainkel, Jr., New Orleans, for defendants.

Before COLE, CARTER and LANIER, JJ.


PER CURIAM.

The sole issue presented on appeal of this matter is whether or not the trial court erred in awarding plaintiff simple interest rather than compound interest. Plaintiff argues that Civil Code article 2924, which fixes the rate of legal interest allowed "per annum" on all sums which are the object of a judicial demand, should be interpreted to mean that legal interest be collected or compounded each year and added to the principal.

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