Jameson v. Barber

14 N.W. 859, 56 Wis. 630, 1883 Wisc. LEXIS 429
CourtWisconsin Supreme Court
DecidedJanuary 30, 1883
StatusPublished
Cited by11 cases

This text of 14 N.W. 859 (Jameson v. Barber) is published on Counsel Stack Legal Research, covering Wisconsin Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Jameson v. Barber, 14 N.W. 859, 56 Wis. 630, 1883 Wisc. LEXIS 429 (Wis. 1883).

Opinion

ORTON, J.

On the 17th. day of March, 1873, one Manville Barber and the defendant gave to the plaintiff their joint and several note for the sum of $2,500, payable one year after date, with interest at the rate of ten per cent, per annum after date until paid.” Soon after the giving of the note, Manville Barber died, and the defendant was appointed sole executor of his estate, and this note having been presented as a claim against the estate, it was duly allowed and adjudged as such on the 31st day of October, 1874, by the county court of Waukesha county, having jurisdiction thereof. Afterwards payments were made thereon from time to time, and finally, on the 8th day of April, 1880, the balance, consisting of what remained unpaid of the judgment, and interest thereon at seven per cent., was paid, and a receipt was given therefor by the plaintiff, which, by a condition therein, was to be “ in full for his claim against said estate if it should be duly adjudged and determined, on final appeal to the supreme court, that the said sum of $2,500 draw interest only at the rate of seven per cent, from the time of such allowance.” This suit is brought to recover the balance of said note, computing the interest thereon at the rate of ten per cent., deducting only the actual amount paid on the claim so allowed against the estate of Manville Barber, deceased.

The answer substantially sets up these facts, and also that the defendant was sivreby only on said note, in bar of this [632]*632action, and on the trial the plaintiff objected to proof of such facts on the ground that they would be no defense to the action, and the circuit court overruled said objection. The plaintiff thereupon admitted such facts to be true, excepting only that the defendant was surety only as alleged in the answer, and on such admission alone the court directed a verdict for the defendant. This peculiar condition in the receipt, submitting the question to this court whether said allowed claims should bear lawfully only seven per cent, interest, if it is of any force whatever in this record, is as well performed, perhaps, by the determination of that question on this appeal as on any; and besides, this question is directly presented upon the record as an error of law by the circuit court in holding that such allowed claim bore only seven per cent, interest since its allowance by the county court. There was no evidence, and it was not admitted, that the defendant was only a surety on the note. In our view of the law it would make no difference whether he was a mere surety or a joint and several maker with Manville Barber, deceased, so far as his legal right on this record is concerned to interpose this defense. If the note, after its allowance by the county court as a claim against the' estate of Manville Barber, deceased, became merged in such judgment so as to make the judgment or allowance bear only seven per cent, interest, then it follows as an undisputed fact that the entire claim against the estate on account of this note was fully paid, discharged, and satisfied.

Only two questions, therefore, are presented in this case: (1) Did this claim after its allowance bear legally only seven per cent, interest ? (2) Did such payment and satisfaction discharge the defendant as the other joint and several maker of the note?

It is the opinion of a majority of this court that such allowance was a judgment and bore only seven per cent, interest, and that its full payment and satisfaction by the [633]*633executor of the estate of Manville Barber, deceased, discharged this defendant from any further liability to the plaintiff on the note, and that the facts admitted in the defense were a bar to the action, and that the circuit court, therefore, properly directed a verdict for the defendant.

The statute provides that such a claim, when duly allowed, “ shall be recorded and stand as the judgment 'of the court.” Sec. 3842, R. S. In Price v. Dietrich, 12 Wis., 626; Bank v. Kidder, 20 Vt., 519; and in Rix v. Nevins, 26 Vt., 389, it is held that such a judgment has the same force and effect of other judgments, except as to the manner of collection; and in Mitchell v. Mayo, 16 Ill., 83, it is held to the same effect, and further, that such a judgment would bear only the common and lawful rate of interest (in that state) of six per cent, after the rendition thereof. There is no question but that such an allowance by the county court is to all intents and purposes a judgment of record, excepting that an execution cannot be issued thereon. The claim, whether of account or note, is merged therein, and, so far as the estate is concerned, it is extinguished thereby, and that such allowance is a full, complete, and final adjudication thereof, as in cases in other courts having jurisdiction thereof, and that the maxim transit in rem judicatam is as applicable as in other cases.

The common lawful interest without contract is seven per cent. Sec. 1688, R. S. It is directed that on execution upon ordinary judgments “for the recovery of money, that interest shall be collected on the amount recovered from the date of the rendition thereof until such amount is paid.” Subd. 8, sec. 2969, R. S. In sec. 3164, R. S., there is special provision for interest on judgments of foreclosure at ten per cent., and it is only by virtue of this section that such a judgment would bear over seven per cent, interest. Mb vi termini and its express provision in such a case would exclude all other cases. The statute seems plain enough, but it has been expressly [634]*634ruled upon by this court; or, rather, seven per cent, on common judgments has been recognized as the lawful rate. Booth v. Ableman, 20 Wis., 602; Williams v. Troop, 17 Wis., 463. In this last case even a stipulation to pay t,welve per cent, on the judgment by the1 administrator was held not to bind the estate.

It follows, therefore, that the judgment of the county court in which this note was merged, so far as the plaintiff is concerned, was fully paid and satisfied; and this brings us to the last question, Was this defendant thereby discharged from any further liability on the note? This question appears not to have been specially considered by the learned counsel of the appellant, but by courtesy to the eminent counsel, and believing that their contention in defense is candid and sincere, wre have considered it more at length than was perhaps necessary, especially as the question has once been decided by this court in language which ought not to be misunderstood.

In Sherman v. Brett, 7 Wis., 141, it is said in the opinion: “ It presents the not unusual case of a separate judgment against several persons liable in the same action. The rule of law in such cases is so clear that authorities need not be quoted for its exemplification. There can loe but one satisfaction, but all of the judgment debtors are liable up to the point of satisfaction, and to reasonable costs in the prosecution of appropriate remedies.” This authority would seem to be in point and to rule this case. The plaintiff had obtained separate judgments against the defendant and three others for the same cause of action, and, on execution against one of them, property of a large amount and greatly in excess of the judgment was levied upon, and on the payment of a small amount in money the levy was released by direction of the plaintiff.

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Bluebook (online)
14 N.W. 859, 56 Wis. 630, 1883 Wisc. LEXIS 429, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jameson-v-barber-wis-1883.