20 Ohio St. 2d 32 | Ohio | 1969
Lead Opinion
In a case such as this, our Constitution (Section 19, Article I), requires that “* * * where private property shall be taken for public use, a compensation therefor shall first be made in money, or secured by a deposit of money * * #.”
Thus, after any such taking and until the time when “compensation therefor shall * * * be made in money” interest must be paid on the value of the property taken in order to fully compensate the one from whom the property is taken. Bethesda Hospital Assn. v. Preston (1963), 175 Ohio St 277, 194 N. E. 2d 139; Atlantic & Great Western Ry. Co. v. Koblentz (1871), 21 Ohio St. 334; and Cincinnati v. Whetstone (1890), 47 Ohio St. 196, 24 N. E. 409. See Longworth v. Cincinnati (1891), 48 Ohio St. 637, 29 N. E. 274, and State,, ex rel. Steubenville Ice Co., v. Merrell (1934), 127 Ohio St. 453, 189 N. E. 116.
In the instant case, the landowner contends that, at the beginning of the trial, there was a stipulation that the date of take was May 1, 1967. He bases this contention upon that colloquy between court and counsel at the beginning of the trial which is described in the above statement of the case. On the other hand, the city argues that that colloquy will not support a reasonable conclusion in the instant case that the parties were agreeing to go beyond their written stipulation that May 1, 1967 should be the date for approval and valuation of the property to be taken. Admittedly, the city had not taken the appropriated property before the jury rendered its verdict. The landowner was then still in possession and collecting rents from tenants. Also, there is no claim by the landowner that his property had theretofore depreciated due to any activity of the appropriating authority as in Bekos v. Masheter (1968), 15 Ohio St. 2d 15, 238 N. E. 2d 548. Hence, we agree with the conclusions of the trial court and the Court of Appeals that the parties did not intend to stipulate May 1, 1967 as the date of take but only intended to stipulate that that date should be the date for appraisal and valuation of the property to be taken,
For the foregoing reasons, the judgment of the Court of Appeals is affirmed.
Judgment affirmed.
Concurrence Opinion
concurring in the first paragraph of the syllabus and the judgment. I dissent from the second paragraph of the syllabus on the ground that it states an incorrect proposition of law. A public authority has no right to stipulate a date of valuation other than the date of take. If the value is higher on a date prior to take, what law authorizes it to pay the higher value? If the value is lower on a date prior to take, no reasonable condemnee would enter such a stipulation as found herein.
The majority unnecessarily complicates the law by recognizing a separate date of valuation in addition to a date of take, a date of trial, and a date of payment.
I would affirm solely on the basis that appellant should have requested a charge to the jury on interest.