Rickman v. Rickman
Rickman v. Rickman
Opinion of the Court
delivered the opinion of the , court.
J. N. Rickman, John Rickman and three children of B. G. Rickman were tenants in common of a tract of land, the first two being adults and the last three minors. The adults sold the land to Pleasant Horner, and joined with him in a bill, filed August 17, 1871, '.to have the sale confirmed as necessary for partition, and as manifestly to the interest of the infant defendants. Such proceedings were had that the sale was .confirmed, divesting title out of the tenants in eom-■mon and vesting it in Horner, and retaining a lien
Answers were filed- to the bill, and the parties agreed in writing that the court might decide, as if raised in the bill, whether the judgment in the record drew interest at the rate of six or ten per. cent, per annum. The court made a reference to the master to ascertain the amount due and unpaid on the judgment, taking proof, and report instanter.
On the 4th of September, 1879, -the cause was heard, as the decree recites, upon the original bill and bill of review,' and other proceedings had in the cause, and also on the agreement of parties relating to ten per cent, interest, and .upon motion of complainants to correct an error in the calculation of interest in the judgment rendered in the cause on the 13th of March, 1874, from which judgment it is apparent that
The complainants appealed from so much of the decree as refused to allow interest at the rate of ten per cent, on the judgment, and the widow of Horner appealed, from that part of the decree which corrected the amount of the judgment.
If, as stated in the chancellor’s decree, it appeared on the face of the judgment of the 13th of March, 1874, that there was a mistake in the rendition of the judgment by the omission of ninety dollars, there would be no doubt of the power of the court to make the correction, provided the right to correct had not been lost by the lapse of time. The judgment would be by motion on the note, and doubtless recited the facts, and those facts would show an error in calculation. Such a mistake, when apparent on the face of the record, the courts have undoubtedly the power to correct, both at common law and by statute: Elliott v. Cochran, 1 Cold., 389; Code, sec. 2878. The judgment is not in the record, but the counsel for the widow in his brief concedes that the error was made in the calculation of interest, and merely insists that the power of the court over the error ceased after the lapse of twelve .months from
By the Code, sec. 1944a, it was made lawful to contract for any rate of interest not exceeding ten per cent, per annum, “provided that the rate of interest be in writing and expressed in the face of the instrument creating the debt or obligation.” This act was in force from June 1, 1870, to March 20, 1877. The record does not show the date at which the written promise to pay ten per cent, interest' was. signed by Horner. Both parties, in their briefs, have taken it for granted that it was signed about the time the judgment was rendered. The statute contemplates that the instrument creating the debt or obligation, “'on the face of which the rate of interest is, to be expressed in writing,” shall embody the principal of the debt on which the rate of interest is to. be calculated. This might be the original note or other instrument, or the judgment rendered thereon. There was no contract for interest at the rate of ten per cent, per annum on the face of the original purchase note, nor on the face of the judgment recovered,
Affirm the decree and remand the cause. The complainants will pay one-half the costs of this court and Nancy A. Horner the other half. Costs of the court below as the chancellor may direct.
Reference
- Full Case Name
- J. A. Rickman v. Margaret Rickman
- Status
- Published