Charleton

Charleton v. Reed

Good Law
1 Cal. Unrep. 695
Supreme Court of CaliforniaNovember 8, 1871No. 2823California346 words

Opinion

Lead Opinion

Sprague, J.

— The judgment in this ease is not in con-, formity with the verdict, which evidently is the result of erroneous computation of interest on two thousand dollars from the thirteenth day of November, 1866, to the twenty-ninth day of September, 1870, the day of the rendition of the verdict and the entry of judgment thereon. The proper judgment upon the verdict would be- two thousand dollars with seven per cent per annum interest thereon' from the thirteenth day of November, 1866, to the twenty-ninth day of September, 1870, three years, ten months and fifteen days, amounting to two thousand five hundred forty-two dollars and fifty cents, instead of two thousand six hundred and seventy-three dollars and twelve cents. •

I discover no error in the instructions given by the court to the jury, or in refusing to give the instructions asked by defendant.

It was not necessary for plaintiff to prove that the security given by Bennett for the repayment of the two thousand dollars with the interest stipulated, was at the time inadequate, as the answer admits the fact; and upon the question whether the money was loaned by plaintiff against the advice and independent of the action of his agent,…

Opinion on Rehearing

Sprague, J.

*697 OPINION ON REHEARING.

January 25, 1872.

— In the former opinion in this ease the statute of April 4, 1870, amendatory of the acts of March 13, 1850, and March 30, 1868, to regulate the interest on money, as also the ease of White v. Lyons, decided at the. same term, were overlooked.

In view of the first-named statute of April 4, 1870, and the case of White v. Lyons, October Term, 1871, I discover no error in the record prejudicial to the rights of appellant.

Judgment affirmed.

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.