Court Opinion

ID: 9824637
Source: CourtListenerOpinion
Date Created: 2023-09-01 11:03:36.003429+00
Date Added: 2024-06-11T07:39:56.094659
License: Public Domain

On Rehearing.
Both the Jefferson Company and the Tennessee Company have requested this court, that as the evidence is all in and as all to be done upon a remandment would be to fix and calculate the interest, to correct and render in order that the matter be foreclosed except as to the intervenors.
As we understand the rule, the demand should bear interest as from the date of the conversion or destruction of the complainants’ lien. Where damages claimed are for property which has been destroyed or injured, which has an ascertainable money value, it is proper to instruct the jury to add interest to the damages ascertained from the date from which the injury was done. Alabama Power Company v. Allen, 218 Ala. 416, 118 So. 662; A. & B. & A. R. R. v. Brown, 158 Ala. 621, 48 So. 73; M. & O. R. R. v. Williams, 219 Ala. 238, 121 So. 722, 730.
The case of Grand Bay Co. v. Simpson, 207 Ala. 303, 92 So. 789, has no application to a case of this kind. There an accounting was involved wherein mutual unliquidated accounts existed between the parties.
As the conversion was of different dates and covered a long period, we adopt the suggestion of appellees’ counsel as found in reply brief as follows: “Appellee suggest that interest be charged on the value of the stump-age from the time Tishomingo Land & Lumber Company was adjudged a bankrupt, June 29, 1925.”
We adhere to the former opinion except to render instead of remand the cause. We therefore .render a decree in favor of appellees against the Jefferson Company and the Tennessee Company for $61,600 with interest,. $23,750.19 making a total of $85,350.19. Execution to be issued against the Jefferson Lumber Company and its. sureties and if returned satisfied no execution is to issue against the Tennessee Company, but if the execution Is returned nulla bona, or not satisfied in full, then execution will issue against the Tennessee Company for the amount due on the decree. Without prejudice to the interveners.
Application granted, decree of remandment is set aside, and a decree is here rendered for the amount due.
SAYRE, THOMAS, and BROWN. JJ., concur.