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NEGAARD v. MILLER CONST. CO.

No. C4-86-581.

396 N.W.2d 833 (1986)

James T. NEGAARD, Appellant, v. MILLER CONSTRUCTION COMPANY, Respondent.

Court of Appeals of Minnesota.

Review Denied January 21, 1987.

Attorney(s) appearing for the Case

Stephen J. Snyder, Winthrop & Weinstine, St. Paul, for appellant.

Frederick L. Grunke, Donohue, Rajkowski, Hansmeier, Grunke & Jovanovich, Ltd., St. Cloud, for respondent.

Heard, considered and decided by POPOVICH, C.J., and LANSING and CRIPPEN, JJ.

OPINION

LANSING, Judge.

James Negaard appeals from an order upholding the validity of a promissory note over his claims of usurious interest. We affirm.

FACTS

In June 1976 James Negaard contracted with Jim W. Miller Construction Company to build a house. Under the contract, Miller agreed to send Negaard monthly progress billings, due 30 days from the billing date with 12 percent interest on overdue amounts.

After promptly paying...

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