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Deno v. Smith, (1931)

Court: Supreme Court of Florida Number:  Visitors: 2
Judges: PER CURIAM. —
Attorneys: Hawthorne Burton, for Appellants; Ross Williams, for Appellee.
Filed: Oct. 27, 1931
Latest Update: Mar. 02, 2020
Summary: This cause having heretofore been submitted to the Court upon the transcript of the record of the decree herein, and briefs and argument of counsel for the respective parties, and the record having been seen and inspected, and the Court being now advised of its judgment to be given in the premises, it seems to the Court that there is no error in the said decree; it is, therefore, considered, *Page 283 ordered and decreed by the Court that the said decree of the Circuit Court be, and the same is
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A petition for rehearing calls attention to an oversight in not adjudicating here the amounts which should be awarded as interest in the decree appealed from.

In stating the amounts due the complainant, the master calculated the interest on the $5000.00 principal amount from January 14, 1928, to December 16, 1929, as $1568.88, making a total of $6,568.88. The master's report was not filed till March 4, 1930, and the final decree rendered June 25, 1930, contains the following:

"That said Defendant, Susan Deno, has never repaid to Complainant the said Five Thousand ($5,000.00) Dollars represented by said note, nor any interest thereon, and that there is now due upon the same, as of the 16th day of December, 1929, the following sums: $5,000.00 principal and $1568.88 interest to said date, making the total of $6568.88 due thereon, as of the 16th day of December, 1929, together with interest on said sum of $6568.88 from December 16, 1929, to the date of the Master's Sale herein provided for at the rate of 8% per annum."

The final decree is assigned as error, but the amount of *Page 284 interest allowed in the decree is not specifically assigned as error, though reference to an over allowance of interest in the decree is made in the briefs for appellants.

The decree of this court affirming the decree appealed from will be modified to the extent of directing the court below to reform the decree so that only simple interest will be allowed on the principal sum of $5000.00 from the date of the loan. It is so ordered. When reformed as directed the decree will stand affirmed.

Rehearing denied.

WHITFIELD, P.J., AND TERRELL AND DAVIS, J.J., concur.

BUFORD, C.J., AND ELLIS AND BROWN, J.J., concur in the opinion and judgment.

Source:  CourtListener

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