Richman v. Richman

10 N.J.L. 134
Supreme Court of New Jersey·Decided September 15, 1828·Published

Opinion

Ewing, C. J.

The reasons assigned by the counsel of the defendant, for setting aside the verdict in this case are, that it is 1st. Against law. 2dly. Against evidence. And 3dly. Against the charge of the judge.

1. Against the law of the case. The action was brought by process returnable to the term of May, 1822, on a bond dated March 29th, 1799, conditioned for the payment of £100, in ten annual installments, of £10 each, with interest, the first of which was to be paid on the first day of June, 1800.

One of the pleas was, that the cause of action of the plaintiffs did not accrue within sixteen years next before the commencement of the suit; upon which issue was joined; and on this issue, the verdict was found for the plaintiffs.

[136] The first payment mentioned in the condition of the bond, was to have been made on the first of June, 1800; the others in the succeeding years; and the last on the first day of June, 1809, and consequently, the times when four installments fell due, are within the period of sixteen years prior to the suing out of the writ.

If then, any cause of action on this bond, accrued within this period of sixteen years, the verdict on this bond is right.

The defendant’s counsel contends, and in this, the error of the verdict in point of law consists, as he alleges, that the time mentioned in the statute of limitations begins to run, and is to be computed from the date of the bond and not from the times of payment.

This position is entirely unsound; the converse of the proposition is settled law; the period mentioned in the statute is to be counted from the time of payment, and not from the making of the promise. Preckle, v. Moor, 1 Ventr. 191; Anonymous, 1 Mod. 89; Sawkill v. Warman, 10 Mod. 104; Gould v. Johnson, 2 Lord Raymond 838; S. C., 2 Salk. 422; Topham v. Braddick, 1 Taunt. 571; Holmes v. Kerrison, 2 Taunt. 323; Fenton v. Emblers, 1 W. B. 353; S. C., 3 Burr. 1281. In the former book, Lord Mansfield is reported to have said: “ The statute proceeds upon the presumption of laches which can never happen until after the contingency is determined;” and in the latter report more explicitly. No one can doubt, but that the bar only takes place from the time when the right accrued, and not from the time of making the promise.” In Wittersheim v. Carlisle, 1 H. B. 635, the court speaking of a contract for the repayment of money at a specified time say, until that contract was broken, there was no cause of action.” If it be said, the cases to which I have referred arose on simple contracts and not on bopds or specialties, the reason is obvious, because in England no statute of limitations exists as to bonds; and the answer is plain and [137] satisfactory, the principle applies with equal propriety and force to a bond, as to a promissory note, or other simple concract. Constructio ad principia refertur rei. Another answer is afforded by our statute of limitations. It speaks of the condition of the obligation for the payment of money, and refers the period of time not to its date, but to the accrual of the cause of action. Indeed, the construction might almost deserve to be called absurd, which would make the time of limitation, which as Lord Mansfield said, proceeds on the idea of laches, to commence before the day, when the creditor could demand his money, and to be running while ho is necessarily compelled to stand still.

It follows then, that the plaintiffs in this case did shew, that a cause of action accrued within 16 years, and the verdict on this head is right. But it is said the statute had run against some of the installments, as they were older than the term of sixteen years. This remark has no place in the consideration of this head, for if so, as some of the installments were within tho term of sixteen years, there was notwithstanding a cause of action on the bond. The remark properly relates, and so far as the state of the case will enable us,'is to be examined under the next reason assigned, to which I now proceed.

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Richman v. Richman, 10 N.J.L. 134 (N.J. 1828).

10 N.J.L. 134 (Richman v. Richman) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.