Ex'ors. of Moore v. Treasurers of the State
This text of 10 S.C.L. 214 (Ex'ors. of Moore v. Treasurers of the State) is published on Counsel Stack Legal Research, covering Supreme Court of South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The opinion of the Oourt was delivered by
The general question, in what cases a plaintiff is entitled to recover interest, was ably argued and well considered in the case of Bulow v. Goakard,
A decision of this Court, said to have been made many years ago,2 in an action brought on this identical bond, against Mayrant, another of Davis’ securities, has been relied on, in support of this motion. The only evidence of what that decision was, is a short note on the docket, in which an order was made, that a “ new trial should be granted, unless the plaintiff release the interest. I profess and feel the greatest veneration for the decisions of this Court, and will conform to them with the greatest cheerfulness, when it can be clearly ascertained what they are; but when they depend wholly upon memory, or such indistinct evidences are furnished as to leave it doubtful, they ought not to govern, when they are at variance with the soundest principles of justice and policy. But if that case was similar to the present, and interest was allowed from the time of the receipt of the money, it may be reconciled by applying that order to the interest which had accrued, before the commencement of the action. The motion must be dismissed.
On the subject of interest, see Goddard v. Bulow, ante, 45; and Mr. Jefferson’s letter to Mr. Hammond, 1 Am. State Pap. 306. R.
Note — See Commissioners Treasury v. Mayrant, 2 Brevard’s Reports, 228.
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