Tweed v. Lockton

Richards, J.,

delivering the opinion of the Court:

The inherent power of all courts of record to vacate or set aside their judgments or orders, during the term at which they are rendered, has long been recognized by the common law. In Volume 15, at page 688 of Ruling Case Lato, the author in speaking of this power says: ‘ “It is based upon the substantial principles of right and wrong, to be exercised for the prevention of error and injury, and for the furtherance of justice.” But it is equally well recognized by the common law, that in most cases this power of the courts to vacate or set aside…