Wood v. Higdon
Wood v. Higdon
Opinion of the Court
Opinion by
Wood received as committee for the lunatic $566.46, which lie retained about four years. He had no right to expend for the benefit of the lunatic, without permission of the court, a greater sum than the profits of the estate, and there is no proof showing such an emergency as would justify him in expending more and then appealing to the chancellor for the confirmation of such expenditure.
He should be charged with interest at the rate of six per centum per annum, and this should be compounded at the end of each two years, and he evidently expended at least the amount of such interest, and as he has paid over to the new committee $350, he should be adjudged to pay $216.46 with six per centum interest from March 8, 1875.
This suit was to settle the accounts of Wood as committee, and there is nothing in the petition upon which to charge him on account
Judgment reversed and cause remanded for a judgment in conformity with this opinion.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.