Bond v. Hays
This text of 12 Mass. 33 (Bond v. Hays) is published on Counsel Stack Legal Research, covering Massachusetts Supreme Judicial Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
We cannot perceive any objection to the principles upon which this action is founded, or to the evidence which produced it.
As to the first objection made at the trial, but which has not been urged in the argument, that the contract, as proved, was usurious, because the defendant’s testator, who advanced the money, secured the principal and legal interest by promissory notes, besides holding the plaintiff to pay over one half the profits ;—it is a sufficient answer, that, this action being for money had and received, [ * 36 ] the plaintiff would * be entitled to recover a larger sum than the verdict gives him, for the excess beyond legal interest which he has paid over to the defendant’s testator. Possibly the ground of usury might have been a good defence against the notes of which the executor demanded payment, and which the plaintiff has honorably paid. He claims in this action nothing more than appears to be his due upon a fair statement of his accounts by auditors agreed upon by the parties.
As to the form of the action, we see no difficulty. If the common law principle should prevail, that one partner can maintain no action but account against his copartner, still, it would not follow, that, after the copartnership accounts are closed, an action of assumpsit will not lie for one who has paid over by mistake more than [39]*39his partner was entitled to receive ; and that is the ground of the present action. The case of Brigham vs. Eveleth
Judgment on the verdict.
9 Mass. Rep. 538.
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12 Mass. 33, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bond-v-hays-mass-1815.