Clark v. German Security Bank
Clark v. German Security Bank
Opinion of the Court
delivered the opinion of the court.
This is a motion by the appellee to correct the judgment heretofore rendered by awarding damages at five per cent, on the value of the shares of stock which were the subject of controversy between the parties.
The motion must be denied. By § 1422 of the Code of 1880, damages are to be given against the unsuccessful appellant at the rate of five per centum — first,-where the judgment or decree of the lower court is for a sum of money ; second, where the judgment or decree is for the possession of real or personal property, and third, where the judgment or decree is for the dissolution of an injunction or other restraining process at law or in chancery. The decree in the case before us is not of either of these classes.' That clause of § 1422, on which the appellee relies as conferring the right to damages, was added to prescribe the basis on which the damages given by the preceding portions of the section should be calculated
Motion denied,.
Reference
- Full Case Name
- M. A. Clark v. The German Security Bank
- Cited By
- 3 cases
- Status
- Published
- Syllabus
- 1. Damages. On affirmance in supreme court. Section 1422, Code 1880, construed. Where the complainant was the holder of certificates of stock and the decree declared him the owner of the stock and entitled to a transfer thereof to his name on the books of the company, held, that the affirmance of this decree by the supreme court did not entitle appellee to five per cent, damages provided by § 1422, Code of 1880. 2. Same. Damages under $ 1422, of the Code of 1880, are to be allowed only when the judgment or decree of the lower court is (1) for a sum of money; (2) where it is for the possession of real or personal property; (3) where it is for the dissolution of an injunction or other restraining process at law or in chancery.