Commissioners of the Sinking Fund v. Patrick

1 S. & M. 110
CourtMississippi Chancery Courts
DecidedDecember 15, 1843
StatusPublished

This text of 1 S. & M. 110 (Commissioners of the Sinking Fund v. Patrick) is published on Counsel Stack Legal Research, covering Mississippi Chancery Courts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Commissioners of the Sinking Fund v. Patrick, 1 S. & M. 110 (Mich. Super. Ct. 1843).

Opinion

Chancellor.

The Commissioners of the Sinking Fund obtained a judgment at law against the complainant, Patrick, and his sureties, upon a note made in the year 1838, for the sum of $4,500-00, bearing ten per cent, interest, being, as expressed on the face of the note, for a loan of money. On the 6th of July, 1839, the sum of $462-25, was paid, being all the interest then due, and the payment was credited upon the back of the note.

On the 22d of December, A. D. 1842, judgment was obtained in the Circuit Court of Hinds county, upon the note, for the sum of $6,652-52, and costs of suit, being the principal and interest due upon the note, on the day the judgment was rendered.

All the allegations of the bill, for the purpose of obtaining the injunction in this cause, restraining the plaintiffs in the judgment from collecting any part of it, are, that the complainants had, on the day stated above, paid the sum of $462, the interest then due, and that they had not been allowed the credit.

And yet a circuit judge was found, who enjoined the collection of [111]*111$6,652-52, because the complainants had not been allowed a credit of $462, to w-hich they averred they were entitled.

There was not a shadow of a pretext for this injunction for the whole amount of the judgment; and I think none even for the $462-25.

In looking into the record of the judgment at law, I find the only issue presented to the jury, was one of non assumpsit; there was no plea of payment or off-set. I have not entered into a calculation to ascertain whether or not, in point of fact, this $462 was credited upon the note and allowed before the judgment was taken. Such an inquiry is not necessary.

To entitle him to have made the defence at law, he was bound to have plead the payment, or called the attention of the court and jury to it, if credited on the back of the note, under the issue then before the jury. He did not do so, and he shall not be permitted to make it here.

He shows a degree of gross negligence that shuts the doors of this Court to his entrance here, and excludes him from being heard upon the subject. He made no defence at law; he might have done so. I cannot allow him to renew and protract a controversy here, which he might and should have settled there.

Let the injunction be dissolved.

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Bluebook (online)
1 S. & M. 110, Counsel Stack Legal Research, https://law.counselstack.com/opinion/commissioners-of-the-sinking-fund-v-patrick-misschanceryct-1843.