Court Opinion

ID: 3385188
Source: CourtListenerOpinion
Date Created: 2016-07-05 18:38:46.710842+00
Date Added: 2024-06-11T12:17:26.243394
License: Public Domain

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.