Case ID: super-ct-jud_1/html/0005-01.html
Source: Caselaw Access Project
Author: {"author": "\n      The Court\n    ", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Newman vers. Homans.
    After a reasonable Time a Factor is liable for Interest on the Price received for Goods of his Principal.
    And such Interest may be recovered in an Action of Assumpsit, as well as in Account.
    The Question was, whether Interest or Depretiation ought to be allowed by a Factor after any Period, otherwise than upon an Action of count, in which he shews at what Time he receive Pay for the Goods. ()
    1762.
    
      
      (1) It appears by the record that this was indebitatus assumpsit for money had and received. The declaration alleged a promise to pay with interest, to which the defendant demurred in the Court of Common Pleas, and the demurrer was sustained. In the Superior Court this decision was reversed, and the case sent to a jury.
    
   The Court

was of Opinion, that after a reasonable Time he ought. () 
      
      (2) S. P. Dodge v. Perkins, 9 Pick. 368. Where a factor having received money, unreasonably neglects to inform his principal, he is liable for interest for the time of such unreasonable delay.