Public-domain · open source
OpenJurist

41 N.C. 197

Costin v. . Baxter

Supreme Court of North Carolina

Decided August 5, 1849

Supreme Court of North Carolina · decided 1849-08-05

Cause removed from the Court of Equity of Buncombe County, at the Spring Term 1849. By the will of William Baxter, Mrs. Costin and W. G. M. Baxter, his only surviving children, were entitled to his estate. W. G. M. Baxter died intestate. The plaintiff William Costin is his administrator, and Mrs. Costin is entitled to his estate. The bill is filed against the defendant, Who is the executor of William Baxter, for an account.

Cited by 2 later decisions — most recently July 1962

2 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1849-08-05

View the full empirical analysis of this case →

Pearson, J.

¶1 The plaintiff as administrator, having reserved the right to recover any further amount, that might be due, and having refused, in that capacity, to acquiesce in the settled account, is entitled to an account of the whole estate. But the plaintiff Costin, having, in right of his wife, made a settlemet, executed an acquittance, and received the balanoe in 1842, as to all amounts received by the defendant at that time, is concluded, andean only have a reference to ascertain, what sums, if any, have since come to the hands of the defendant, or what sums the defendant ought since that time to have collected, with which he was not charged in the settlement of 1842.

¶2 When an “account settled” is relied on, by way of plea oi* answer to a bill for an account, it is conclusive, unless *199 ihe plaintiff can allege and prove some fraud or mistake* for, otherwise, he has already had that, which he asks by his bill, having made a settlement and thereby perhaps induced the other party to destroy or surrender his vouchers. “It would be most mischievous to allow the settled account to be set aside, unless from urgent reasons.” Mebane v. Mebane, 1 Ire. Eq. 403. Story’s Eq. 1 vol. 590. Jn this case the plaintiffs allege no particular fraud or mistake, but, in sweeping generalities, “total misapprehension of the facts, acquired from the defendant,and utter ignorance of their rights.” This renders the bill partly defective, for the want of proper allegations, and it is equally defective, as to the proof of any fraud or mistake.

Per Curiam.

¶3 Decree accordingly.

/41/nc/197 · .json · Public domain