Van Rensselaer v. Jewett

2 N.Y. 135
New York Court of Appeals·Decided March 15, 1849·Published·Cited by 50 cases

Opinion

Bronson, J.

It is unnecessary to inquire what should have been the rule in apportioning the rent; for as the proof stood when the motion for a nonsuit was made, the plaintiff was clearly entitled to recover something, and the motion was therefore properly overruled. The question was not raised in any other form than by the motion for a nonsuit.

The only question is on the allowance of interest. The pay. ment was not to bemade in money, nor was a specified sum to be paid in any other way. The damages were unliquidated ; [140]*140and there was no agreement for interest. As the authorities bearing on the question have been very fully considered by the supreme court in this, and another case which will be mentioned, it cannot be necessary to review them on the present occasion. It was decided in 1806, without assigning any reason for the judgment, that interest was not recoverable in a case of this kind. (Van Rensselaer v. Platner, 1 John. 276.) But since that time the supreme court has deliberately held, on three several occasions, including the present one, that interest is recoverable in such a case. (Lush v. Druse, 4 Wend. 313; Van Rensselaer v. Jones, 2 Barb. 643.) The principle to be extracted from these decisions may be stated as follows : Whenever a debtor is in default for not paying money, delivering property, or rendering services in pursuance of his contract, justice requires that he should indemnify the creditor for the wrong which has been done him; and a just indemnity, though it may sometimes be more, can never be less, than the specified amount of money, or the value of the property or services at the time they should have been paid or rendered, with interest from the time of the default until the obligation is discharged. And if the creditor is obliged to resort to the courts for redress, ne ought, in all such cases, to recover interest, in addition to the debt, by way of damages. It is true that on an agreement like the one under consideration, the amount of the debt can only ne ascertained by an inquiry concerning the value of the property and services. But the value can be ascertained; and.when that has been done, the creditor, as a question of principle, is' just as plainly entitled to interest after the default, as he would be if the like sum had been payable in money. The English courts do not allow interest in such cases; and I feel some difficulty in saying that it can be allowed here, without the aid of an act of the legislature to authorize it. But the courts in this and other states have for many years been tending to the conclusion which we have finally reached, that a man who breaks his contract to pay a debt, whether the payment was to be made in money, or in anything else, shall indemnify the creditor, so far as that can be done by adding interest to the amount ot [141]*141damage which was sustained on the day of the breach. The rule is just in itself; and as it is now nearly nineteen years since the point was decided in favor of the creditor, and eight out of nine judges of the supreme court have, at different times, concurred in that opinion, we think the question should be re garded as settled.

New trial denied.

Free access — add to your briefcase to read the full text and ask questions with AI

Van Rensselaer v. Jewett, 2 N.Y. 135 (N.Y. 1849).

2 N.Y. 135 (Van Rensselaer v. Jewett) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

SENECA ONE REALTY, LLC v. CITY OF BUFFALO
Appellate Division of the Supreme Court of New York, 2012
Calgon Carbon Corp. v. WDF, INC.
700 F. Supp. 2d 408 (S.D. New York, 2010)
Spodek v. Park Property Development Associates
759 N.E.2d 760 (New York Court of Appeals, 2001)
Taylor v. State Farm Fire & Casualty Co.
1999 OK 44 (Supreme Court of Oklahoma, 1999)
Kepo, Inc. v. Romano
85 A.D.2d 621 (Appellate Division of the Supreme Court of New York, 1981)
Banco Nacional De Cuba v. Chase Manhattan Bank
505 F. Supp. 412 (S.D. New York, 1980)
Rusciano & Son Corp. v. State
201 Misc. 690 (New York State Court of Claims, 1952)
Davison v. Klaess
20 N.E.2d 744 (New York Court of Appeals, 1939)
Demms v. Blanchard
150 Misc. 867 (New York Supreme Court, 1934)
In re the Estate of Kulyk
150 Misc. 307 (New York Surrogate's Court, 1934)
F. M. Gabler, Inc. v. Evans Laboratories, Inc.
129 Misc. 911 (New York Supreme Court, 1927)
Prager v. New Jersey Fidelity & Plate Glass Insurance Co. of Newark
156 N.E. 76 (New York Court of Appeals, 1927)
State Trust & Savings Bank v. Hermosa Land & Cattle Co.
240 P. 469 (New Mexico Supreme Court, 1925)
Croker v. New York Trust Co.
123 Misc. 460 (New York Supreme Court, 1924)
Cleave v. Reeder
204 A.D. 826 (Appellate Division of the Supreme Court of New York, 1923)
Breymann v. Morris & Cummings Dredging Co.
202 A.D. 464 (Appellate Division of the Supreme Court of New York, 1922)
Demotte v. Whybrow
263 F. 366 (Second Circuit, 1920)
Faber v. . City of New York
118 N.E. 609 (New York Court of Appeals, 1918)