Moore v. Fuller, 47 N.C. 205, 2 Jones 205 (1855)

June 1855 · Supreme Court of North Carolina

47 N.C. 205, 2 Jones 205

THOMAS C. MOORE vs. HENRY C. FULLER.

Interest, being an incident to a bond, .cannot be recovered in a separate action for it alone after the principal of the bond has been paid.

This was an aotioN of debt on a bond, brought by appeal from a justice of the peace to the Superior Court of Rocking-ham, and there tried before his Honor Judge DiCK, at the Spring Term, 1855, of that Court.

The bond declared on was for $552, due the first day of May, 1852, on the back of which was endorsed a credit in the following words and figures, viz : “ September 7th, 1852. Eec’d. of the within note five hundred and fifty dollars of the within note.” The plaintiff introduced a witness who testified that the parties came to his house on the day of the date of the above credit, and the bond and money were laid down before him, and he was requested to count the money and examine it. He did so, and found the amount to correspond with the principal. The plaintiff then called on the defendant for the interest, which he refused to pay. After some conversation on the subject, it -was agreed between the parties that the principal of the bond should be paid, and that they should refer the question to arbitration, whether defendant was liable to pay interest. Subsequently, one Ellington was agreed on as the arbitrator, who gave his award that the defendant was liable for the interest. The defendant still refusing to pay, the plaintiff brought this suit by warrant.

The defendant’s counsel asked the Court to charge the jury, that, in this action, if they were satisfied that at the date of the credit the defendant paid, and the plaintiff accepted the said sum of $550 in full of the principal of the said bond, he, the plaintiff, could not recover anything for interest, whether the same accrued before or after the payment of the principal.

His Honor declined giving the charge asked for, but instructed the jury that on these facts the plaintiff was entitled to recover the interest that had accrued before the plaintiff received the principal. Defendant excepted, because his Honor refused to give the instruction, asked, and -for error in tbe instruction given. ' . ,

Verdict for the plaintiff. Judgment and appeal.

Morehead, for the plaintiff.

T. Ruffin, Jr., and J. II Bryan, for defendant.

Nash, C. J.

In the charge of his Honor, w,e think there is error, and that he ought to have charged as requested by the defendant’s counsel. The defendant was indebted to the plaintiff by a bond for $550, which, after maturity, he paid to the plaintiff in discharge of the principal. The action is in deb.t, and the declaration on the bond. The action cannot be sustained.

The general principle is, that where the principal subject of a elaim is extinguished by the act of the plaintiff, or of the parties, all its incidents go with it. Thus, in an action of ejectment, if the plaintiff, pending the suit, takes possession of the premises, upon the plea of the defendant or upon its being shown, the plaintiff will be non-suited, Johnston v. Swain, Busb. Rep. 335. So, in an action of detinue, if the plaintiff takes possession of the property, claimed, he can recover no damages, for they are consequential upon the recovery of the thing sued for, Morgan v. Cone, 1 Dev. & Bat. Rep. 234. This is an action of debt on a bond to recover the interest, the principal having been paid by the defendant before the bringing of the action: by that payment, the bond was discharged, and by analogy to the cases referred to, the plaintiff cannot recover the interest, which is but an incident to the principal — ■ the bond. A j ury gives the interest in an action on a bond, by the way of damages, for the detention of the principal; that being gone, every thing founded on it, must go with it, Dixon v. Parks and others, 1 Esp. Rep. 111. That was an action on a respondentia bond. The bond was payable twenty-one days after the arrival of the vessel at Canton, but if not then paid, there was reserved an increase of interest. The ship arrived at Canton, but the bond was not paid for three months after the expiration of the twenty-one days, when the principal and interest, up to the twenty-one days was paid, the defendant refusing to pay the increased interest for the three months, for which the action was brought. Lord KeNyoN ruled “ that the plaintiff could not recover“ If he had intended to demand the increased interest he ought not to have received the principal.” The same principle is stated in the case of Tillotson v. Preston, 3 Johns. Rep. 229, Pate v. Eddie, 15 Wend. 76, and in 8 Blackf. Rep. 328.

When the principal was paid, the defendant, for some cause, refused to pay any interest, and it was agreed between the parties to refer that question to an arbitrator, who decided that the defendant should pay the interest. He refused to stand to the award; this does not affect the question now before us; the plaintiff may have a cause of action against the defendant upon the award, but not upon the bond.

PeR Curiam. Judgment reversed. Venire de novo awarded.