State ex rel. Carpenter v. RalstonState ex rel. Carpenter v. Ralston
This was a mandamus action by appellant against appellees, the Governor, Attorney-General, Secretary of State, and Treasurer of State, constituting a board created for the redemption of certain State bonds. Acts 1872 (s. s.) p. 11, §§10115-10118 Burns 1914.
The complaint alleges that relator is the holder and owner of a bond, calling for the payment of $1,000, with certain interest coupons attached, executed by the State of Indiana on January 1, 1839, and due January 1, 1889. It is averred that the bond was executed pursuant to an act approved February 19, 1838, and is one of the 191 bonds contemplated by said act of 1872, supra, and is wholly unpaid. It is
In Potter v. Smith (1871),
Appellant contends that a state has no right to repudiate its contract, either directly, or indirectly by relying on the statute of limitations; that appellees are merely agents of the State, charged with certain ministerial duties, under the act of 1872, and are without rightful power to interpose the defense of the statute of limitations. Counsel cite Gray v. State, ex rel. (1880),
In Stanley v. Schwalby (1893),
In McRae v. Auditor-General (1906),
There is nothing in the act of 1872 that warrants the conclusion that it was the intention of the General Assembly to prohibit the officers constituting the board from interposing the defense of the statute of limitations in a proper case. Section 3 of the act enjoins on the officers constituting the board the ‘ ‘ exercise of the utmost scrutiny in testing the genuineness and validity of each bond and coupon which may be presented for redemption.” This action was commenced twenty-two years after the bond became due. It is manifest that the lapse of time renders the test of genuineness more difficult. We are of the opinion that the fifteen-year statute of limitations was properly pleaded by appellees and that it barred appellant’s right of recovery. Judgment affirmed.
Note. — Reported in