Johnson v. Pullman State Bank
Johnson v. Pullman State Bank
Opinion of the Court
In the year 1891, appellant Jonathan Johnson and respondent Miles T. Hooper entered into a contract, by which Johnson was to purchase from the state of Washington a certain tract of land, for the sum of $1,840, payable in ten equal annual payments, the money for the meeting of which was to he paid Johnson by Hooper, on or before
On the 30th day of March, 1903, respondents Hooper and wife executed and delivered to the respondent bank a deed to the premises involved. Appellants brought this action to recover possession of the premises. Thei trial court directed that appellants should execute and deliver to the respondent bank a deed to said preanises, upon being paid the sum of $1,480, with interest at the rate of six per cent from February, 1904; the sum of $198.78, with interest at the legal rate from January 3, 1894; and the sum of $16.30 (taxes).
The only question upon this appeal is as to whether the item $252.10 should bear merely the legal rate of interest, or carry the rate provided in the note given at the time said sum became due, January 3, 1894. Respondents contend that, as a matter of equity, they were holden to- refund to appellants only such an amount as he had actually paid out, with legal interest; that, while Hooper and wife might be liable for the extra interest as a matter of law, it was not a claim against the land.
We do not regard this position tenable. On January 3, 1894, Hooper owed Johnson $252.10. He could not, or at
Tbe decree of tbe honorable superior court should be modified so as to require respondents to pay to appellants interest upon the $252.10 item at the rate provided in the note. The canse is remanded to said court, with instructions to make the modification indicated. Costs of this court to, appellants.
Mount, C. J., Cbow, Budkin, Hadley, and Dunbak, JJ., concur.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.