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3 Miss. 688

Puckett v. Redman

Mississippi Supreme Court

Decided January 15, 1838

Mississippi Supreme Court · decided 1838-01-15

This was an action in the court below, on an inland bill of exchange, dated the 28th of October, 1835, payable fifteen months after date; accepted and protested 31st of January, 1837, for non payment. Upon the trial, the court instructed the jury, “ that the plaintiff was entitled to recover damages, at the rate of five per cent./’ to which opinion an exception was taken, and the decision below is now assigned for error.

Decided 1838-01-15

Mr. Chief Justice Sharkey

¶1delivered the opinion of the court.

¶2This action is founded on a protested bill of exchange, drawn before the passage of the act of 1836, taking off damages, but protested for non-payment, after the passage of the act. The only question is, whether under these circumstances, the plaintiff below was entitled to five per cent, damages.

¶3The right to damages did not accrue at the time of making the bill. The failure to pay conferred the right, and nothing else. As no right to damages had accrued, while there was a .law in force, by which it could accrue, the repeal of the law defeated the right.

¶4The language of the first section of the act is, “ that all bills of exchange drawn, or which may hereafter be drawn;” which extends as well to those in existence and 'unprotested at the time of the act as to those afterwards drawn.

¶5*691It appears, therefore, to have been the object of the legislature to extend the application of the law, as far as it could, to bills then in existence.

¶6The judgment must be reversed, cause remanded and venire de novo awarded.

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