Court Opinion

ID: 9830029
Source: CourtListenerOpinion
Date Created: 2023-09-01 19:49:49.267456+00
Date Added: 2024-06-11T07:43:11.228457
License: Public Domain

On Appellee’s Motion for Rehearing.
In the calculation made by the writer to determine the loss to appellant on account of the Moore notes, the payment of $1,255.49 made by appellee May 5, 1921, instead of being credited as of that date, was credited as if made December 81, 1924, the date of the judgment of the court below. The amount of the loss to appellant on account of the notes on said May 5th was $2,076.80, one-half of which ($1,008.40) was less than said $1,255.-49 then paid by appellee. So, crediting the $1,255.49 payment as of the date it was made, it appears that at the time the suit was eómmenced appellant was not entitled to demand ■and receive anything of appellee on account of the undertaking of the latter to pay a part of the loss to appellant on account of the notes. It follows that the judgment of the court below should have been affirmed, and that this court erred when it reversed that judgment and rendered judgment here in appellant’s favor. Therefore, the motion will be granted and the judgment rendered here March 25, 1926, will be set aside, and the judgment of the court below will be affirmed.