Childress v. Childress
— This is a proceeding to compel the settlement of a guardian’s account in the court of probate. There was a judgment against the guardian below for $12,792.20, of which $8,740.05 is compound interest. From this judgment the guardian appeals to this court ; and he here assigns the proceedings and the judgment below as error.
The record shows that the guardian was appointed at least
1. In the settlement of the accounts of guardians, and in all the preparatory proceedings thereto, the law applicable to executors or administrators in like cases applies. Rev. Code, § 2449. When a guardian removes from this State without making final settlement, or upon citation to appear and make final settlement fails to attend, without showing sufficient cause therefor, the judge of probate may proceed and state the account in his absence, from the materials in his office and such other testimony as may be adduced. Rev. Code, § 2448. A guardian is bound to make both annual and final settlements of his account with the judge of probate, and even settlements more frequent than annual if required by the court. Rev. Code, §§ 2421, 2422. The proceeding in this case does not show that
2. But the objection to the judgment is still more serious than that to the proceeding anterior to the judgment. The account stated by the court shows that the guardian received on the 26th day of March, 1856, the sum of $4,052.15. On this sum he is charged $8,740.05. Compound interest for 15 years and 4 months. A guardian is not liable to be charged compound interest, unless he is guilty of such gross neglect as is evidence of fraud. Bryant v. Craig, 12 Ala. 354. It is not to be presumed that there was such evidence in the records of the Probate Court; and the only grounds of such a charge was the omission to make the usual annual settlements. This was not enough. 12 Ala. 354, supra. The law, as laid down in the case last above cited, has not been changed by any statute. “ It is the duty of a guardian to charge compound interest upon debts after maturity, and for any compound interest
The judgment of the court below is consequently reversed, and the cause is remanded for a new trial.