Savings & Loan Society v. Horton

63 Cal. 105, 1883 Cal. LEXIS 370
CourtCalifornia Supreme Court
DecidedJanuary 29, 1883
StatusPublished
Cited by5 cases

This text of 63 Cal. 105 (Savings & Loan Society v. Horton) is published on Counsel Stack Legal Research, covering California Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Savings & Loan Society v. Horton, 63 Cal. 105, 1883 Cal. LEXIS 370 (Cal. 1883).

Opinion

Per Curiam.

Plaintiff filed a complaint to foreclose a mortgage executed by the defendant, and no defense having been interposed, a default decree was entered in the case. On this appeal it is urged that the decree was for a larger amount than the complaint shows to have been due, and we think the point is well taken. Computing the interest claimed in the complaint, and adding thereto payments alleged to have been [106]*106made by the mortgagee for taxes, it appears that the decree is for a larger sum than results from such computation.

It is contended by respondent that the difference may be accounted for by proof of payments made by the mortgagee in the shape of taxes and insurance on the mortgaged premises, after suit brought, but this assumption will not support the decree.

“ A decree pro oonfesso only concludes a party as to the averments in the bill, and does not amount to a confession of any fact not alleged in it.” (De Leuw v. Neely, 71 Ill. 473); and the same rule is found in § 580, Code Civ. Proc.

The attention of the court below is directed to § 1919 of the Civil Code in computing interest upon the interest which is not punctually paid. That section declares that the parties may agree that it shall become a part of the principal, and thereafter bear the same rate of interest as the principal debt. This appears to us to be the limit.

Judgment reversed and cause remanded.

Thobetoe, J., and Mybick. J., dissented.

Petition for a rehearing denied.

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Related

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205 P.2d 657 (California Supreme Court, 1949)
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Nash v. El Dorado Co.
24 F. 252 (U.S. Circuit Court, 1885)
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4 P. 375 (California Supreme Court, 1884)

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Bluebook (online)
63 Cal. 105, 1883 Cal. LEXIS 370, Counsel Stack Legal Research, https://law.counselstack.com/opinion/savings-loan-society-v-horton-cal-1883.