Young v. Godbe, 21 L. Ed. 250 (1873). · Go Syfert
Young v. Godbe, 21 L. Ed. 250 (1873). Cases Citing This Book View Copy Cite
107 citation events (10 in the last 25 years) across 26 distinct courts.
Strongest positive: Canter v. Alkermes Blue Care Elect Preferred Provider Plan (ohsd, 2024-05-24)
Treatment trajectory · 1903 → 2026 · click a year to view as-of
1903 1964 2026
Top citers, strongest first. 10 distinct citers. How cited ↗
discussed Cited as authority (rule) Canter v. Alkermes Blue Care Elect Preferred Provider Plan (2×)
S.D. Ohio · 2024 · confidence medium
Young v. Godbe, 82 U.S. (15 Wall.) 562, 565 (1872) (“If a debt ought to be paid at a particular time, and is not, owing to the default of the debtor, the creditor is entitled to interest from that time by way of compensation for the delay in payment.
cited Cited as authority (rule) Nolte v. Hudson Nav. Co.
2d Cir. · 1925 · confidence medium
In Young v. Godbe, 15 Wall. 562, 565 ( 21 L.
discussed Cited "see" Amoco Transport Co. v. Dietze, Inc.
S.D.N.Y. · 1984 · signal: see · confidence high
See United States v. United Drill & Tool Corp., 183 F.2d 998, 999 (D.C.Cir.1950) (citing Young v. Godbe, 82 U.S. (15 Wall) 562, 565, 21 L.Ed. 250 (1873) (a creditor is entitled to interest from the time the debt ought to be paid as compensation for loss of use of his money)).
discussed Cited "see" James Turner, and Cross-Appellee v. Japan Lines, Ltd., and Philippine President Lines Inc., Manila, and Cross-Appellants (2×)
9th Cir. · 1983 · signal: see · confidence high
Note, Interest on Judgments in the Federal Courts, 64 Yale L.J. 1019 ,1019 (1955) (citing cases): see Young v. Godbe, 82 U.S. (15 Wall.) 562, 565 , 21 L.Ed. 250 (1872); Kotso-poulos, 467 F.2d at 94 ; Powers, 251 F.2d at 819 (Lumbard, J., dissenting).
discussed Cited "see" Royal Indemnity Co. v. United States
SCOTUS · 1941 · signal: see · confidence high
See Young v. Godbe, supra, 15 Wall. page 565, 21 L.Ed. 250 ; Board of Commissioners, Jackson County, v. United States, supra, 308 U.S. page 352, 60 S.Ct. page 289, 84 L.Ed. 313 . 12 Affirmed. 13 Mr. Justice BLACK, dissenting. 14 I agree with the Court's judgment that the Collector of Internal Revenue did not have power to release a taxpayer from his obligation to pay, but I am unable to agree with the Court's conclusions on the question of interest.
cited Cited "see" United States v. North Carolina
SCOTUS · 1890 · signal: see · confidence high
See Young v. Godbe, 15 Wall. 562, 565 ; Holden v. Trust Co., 100 U. S. 72, 74 ; Price v. Great Western Railway, 16 M. & W. 244, 248; Cook v. Fowler, L.
discussed Cited "see, e.g." Bazarian International Financial Associates, LLC v. Desarrollos Hotelco, C.A.
D.D.C. · 2018 · signal: see also · confidence low
Under District of Columbia law, “it is indeed customary to pay interest on funds that are withheld and not paid when due.” Bragdon, 856 A.2d at 1172; accord Bassin, 828 A.2d at 731 ; see also Nolen v. District of Columbia, 726 A.2d 182, 185 (D.C. 1999) (“If a debt ought to be paid at a particular time, and is not, owing to the default of the debtor, the creditor is entitled to interest from that time by way of compensation for the delay in payment.” (quoting Young v. Godbe, 82 U.S. (15 Wall.) 562 , 565–566 (1872)).
discussed Cited "see, e.g." Bazarian Int'l Fin. Assocs., LLC v. Desarrollos Hotelco, C.A. (2×)
D.C. Cir. · 2018 · signal: see also · confidence low
Under District of Columbia law, "it is indeed customary to pay interest on funds that are withheld and not paid when due." Bragdon , 856 A.2d at 1172 ; accord Bassin , 828 A.2d at 731 ; see also Nolen v. District of Columbia , 726 A.2d 182 , 185 (D.C. 1999) ("If a debt ought to be paid at a particular time, and is not, owing to the default of the debtor, the creditor is entitled to interest from that time by way of compensation for the delay in payment." (quoting Young v. Godbe , 82 U.S. (15 Wall.) 562, 565-566 , 21 L.Ed. 250 (1872) ).
discussed Cited "see, e.g." Nedd v. United Mine Workers of America (2×)
M.D. Penn. · 1980 · signal: see, e.g. · confidence low
See, e. g., Young v. Godbe, 82 U.S. (15 Wall.) 562 , 21 L.Ed. 250 (1872).
discussed Cited "see, e.g." Giant Food, Inc. v. JACK I. BENDER, ETC. (2×)
D.C. · 1979 · signal: see also · confidence low
It is generally viewed “as compensation allowed by law for the use or forebearance of money or as damages for its improper retention.” Ralston Purina Co., supra at 212; see also Young v. Godbe, 82 U.S. (15 Wall.) 562 , 21 L.Ed. 250, 251 (1873). 12 In this case, Bender wrongfully withheld payment for the replacement carpeting, and thus interest should be allowed Giant because of Bender’s improper detention of funds, with which Giant could have been earning money through investment or otherwise.
Retrieving the full opinion text from the archive…
Young
v.
Godbe
Supreme Court of the United States.
May 18, 1873.
21 L. Ed. 250
Messrs. C. J. Hillier and Thomas Fitch, for the plaintiff in error; no opposing counsel.
Davis.
Cited by 52 opinions  |  Published
Mr. Justice DAVIS

delivered the opinion of the court.

The testimony of Armstrong, the bookkeeper of Kimball & Lawrence, was objected to by the defendant for the reason that it was not in rebuttal, and therefore illegal, but the court overruled the objection and permitted the testimony to go to the jury for what it was worth.

[*565] We are not prepared to say that Godbe could not rebut the case made by Young by showing that the affairs of the company were so connected with the church that, as one of the witnesses said, “ he did not know the difference between them.” But the evidence on this subject should not have been the declaration by One person of what another said. The fact that Young had settled the account of Kimball & Lawrence in the way he did was proper evidence to go to the jury, if Lawrence had testified to it, but Armstrong’s statement of what Lawrence told him was pure hearsay. Besides, the court on its own motion enlarged the scope of the evidence by directing the jury to consider it for what it was worth. This direction enabled the jury to take a wider range of the subject than they otherwise would, and naturally inclined them to consider the evidence as fixing the right of the plaintiff to recover from the defendant in the capacity in which he was sued.

On account of the error in admitting the testimony of Armstrong, and in indicating the effect which the jury should give to it, the judgment will have to be reversed.

But as the case goes back for a new trial, it is proper to say a word upon the subject of interest, which seems more than anything else to be the chief point of difference between the parties. We can see no objection to the charge of the court on this subject. If a debt ought to be paid at a particular time, and is not, owing to the default of the debtor, the creditor is entitled to interest from that time by way of compensation for the delay in payment. And if the account be stated, as the evidence went to show was the case here, interest begins to run at once. *

It is said there is no law in the Territory of Utah prescribing á rate of interest in transactions like the one in controversy in this suit, and that, therefore, no interest can be recovered. But this result does not follow.. If there is no statute on the subject, interest will be allowed by way of damages for unreasonably withholding payment of an over[*566] due account. The rate must be reasonable, and conform to the custom which obtains in the community in dealings of this character.

Judgment reversed, and a venire de novo awarded.

*

1 American Leading Cases, 5th edition, pp. 626 and 514.