Calhoun v. Calhoun
This text of 41 Ala. 369 (Calhoun v. Calhoun) is published on Counsel Stack Legal Research, covering Supreme Court of Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
One question made in this case is, that the guardian should have been charged on the settlement with compound interest. The law, as settled in this State, is, that a guardian is not liable to be charged with compound interest, unless he is guilty of such gross neglect in the execution of his trust, as is evidence of fraud.—Bryant v. Craig, 12 Ala. 354. No such mismanagement, as is evidence of a corrupt intention on the part of the guardian, appears in this ease. The failure to make annual settlements is not evidence of fraud, but establishes negligence merely; and the court, therefore, acted correctly in refusing to allow compound interest.—Bryant v. Craig, supra.
We can see no reversible error in any of tbe rulings of tbe court on tbe settlement.
Decree affirmed.
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41 Ala. 369, Counsel Stack Legal Research, https://law.counselstack.com/opinion/calhoun-v-calhoun-ala-1867.