TaiLexi AI U.S. Case Law

Southern States Fire & Casualty Insurance v. Brannon

Southern States Fire & Casualty Insurance Co. v. Brannon

Southern States Fire & Cas. Ins. v. Brannon, 59 So. 60 (Ala. 1912)
Download
Format
Include

Star paging (*137) is kept for pin cites.

Court
Supreme Court of Alabama · State Highest Courts
Decided
May 16, 1912
Judges
Anderson
Citations
59 So. 60178 Ala. 1151912 Ala. LEXIS 344
Disposition
Affirmed.
Headnotes
Bill to Rescind and Cancel Purchase of Shares of Capital Stock. Appeal and Error; Clerical Error; Correction. — Where a clerical error has occurred in the computation of interest, the appellate court will under section 2891, Code 1907, correct the error, when upon the transcript it can do so, and as corrected will affirm the decree.
Summary
Appeal from Jefferson Chancery Court. Heard before Hon. A. H. Benners. Bill by H. Brannon against the Southern States Fire & Casualty Company to rescind and cancel a purchase of the shares of the capital stock of such company because of misrepresentation and fraud. Decree for complainant, and respondent appeals. Counsel discuss the equities of the bill and the finding of the Chancellor on the facts, but in view of the opinion it is not deemed necessary to here set them out. Counsel also suggest a mistake in the computation of interest, and for that reason the decree should be reversed. The equities of the bill have been settled on a former appeal. The finding of .the Chancellor on the fact ivas correct. If the court should affirm any error in computation, they will under section 2891, Code 1907, correct same at cost of appellant, and affirm the judgment as corrected.

Syllabus and headnotes are prepared by the reporter or publisher, not the court, and are not part of the opinion.

Opinion of the Court — Anderson

Text extracted by OCR from a scanned original; check the original for exact wording.

ANDERSON, J.

The equity of the present bill was

considered and upheld upon a former appeal in the case of Southern States F. & C. Co. v. Whatley, and which is reported in 173 Ala. 101 , 55 South. 620 . So the sole question to be determined upon the present appeal is whether or not the complainant has satisfactorily established by the proof the- material averments of his bill. The chancery court held that he did, and, after the examination of the evidence, we are.of the opinion that the decree so holding was proper.

It is suggested in brief of counsel for appellant that a mistake has been made in the computation of interest. It seems that the original amount subscribed was $2,500, yet the two notes aggregated $2,600, and- which included six months interest, therefore interest should have been computed from January 7, 1911, instead of July 7, 1910, and which makes a difference of $104. The' decree is hereby corrected so as to be for $2,600 as principal, and $190.65 interest, instead of $294.65, and, under the provision of section 2891 of the Code of 1907, the said decree, as corrected, is affirmed'.

Affirmed.

All the Justices concur. ”

How later courts describe this case

No later court has written an explanatory parenthetical about this case yet.

1912: 21913: 11917: 11924: 119122026peak 1912 · 2

Relies on it most ⓘ

  1. Southern States F. & C. I. v. Tanner60 So. 81 (Ala. 1912)
  2. Scott v. Thomas100 So. 778 (Ala. 1924)
  3. Southern St. F. & C. Ins. v. Cromartie61 So. 907 (Ala. 1913)
  4. Stone v. Walker77 So. 554 (Ala. 1917)
  5. Southern States Fire & Casualty Ins. v. Whatley59 So. 63 (Ala. 1912)

Most recent

  1. Scott v. Thomas100 So. 778 (Ala. 1924)
  2. Stone v. Walker77 So. 554 (Ala. 1917)
  3. Southern St. F. & C. Ins. v. Cromartie61 So. 907 (Ala. 1913)
  4. Southern States F. & C. I. v. Tanner60 So. 81 (Ala. 1912)
  5. Southern States Fire & Casualty Ins. v. Whatley59 So. 63 (Ala. 1912)

Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.

Authorities cited 1

DepthCaseCited by
Southern States Fire & Cas. Ins. v. Whatley, 55 So. 620 (Ala. 1911) 14

Keyboard shortcuts

/Focus the search box
j kNext / previous result
EnterOpen the selected result
xAdd / remove the selected result from the download list
n pNext / previous search term in a case
cCopy the citation of the current case
+ −Larger / smaller reading text
?Show this list