Court : US Supreme Court
..... of any indebtedness heretofore incurred, and which from the limit of taxation such city or town is unable to pay at maturity, shall have the power to issue the bonds of such city or town, or borrow money, so as to change, but not increase, the indebtedness, in such amounts, not less than fifty dollars, and for such length of time, and at such rate of interest, not more than ten percent ..... these presents, that the city of little rock, in the said state of arkansas, acknowledges itself to owe and be indebted unto the merchants' national bank or bearer the sum of $500 in lawful money of the united states of america, which sum the said city promises to pay, for value received, at the office of the treasurer of said city of little rock, one year from the date hereof ..... shin plasters and change notes" we may assume to be paper money of a less denomination than one dollar, intended to take ..... 308 error to the circuit court of the united states for the eastern district of arkansas syllabus a city issued its bonds, engraved with vignettes on banknote paper, of various denominations, ranging from $1 to $100, and having the form and appearance of treasury notes of the united states or bank bills, and it paid them out to ..... " in august, 1867, the city provided for the issue and redemption of its bonds which were printed on banknote paper, in the form and having the ordinary appearance of united states treasury notes, and were in denominations varying from $1 to $100, payable in one, two, three, five, .....
Tag this Judgment!Court : US Supreme Court
..... payment in paper money bills or in other things, if good by the same law, will be deemed a sufficient ..... york, new york, are held and firmly bound jointly and severally unto richard pritchard, of new orleans, his executors, administrators, and assigns in the sum of fifty-five thousand ($55,000) dollars lawful money of the united states, for the payment whereof we bind ourselves, our heirs, executors, and administrators firmly by these presents. ..... he was bound to account, and the sureties undertook that he should account, for all public moneys received by him, with such officers of the government of the united states as are duly authorized to settle and adjust ..... was proper to receive in evidence, as against a will of the decedent, duly probated in england, a second will which had not been proved there, and was not receivable in english courts as competent evidence, because such a paper, according to scottish law, was admissible. ..... fixed as surety by a final judgment, without payment on his part, it being the obligation of the defendants upon the bond of indemnity to pay the judgment rendered against the surety, or to furnish him the money with which to pay it. ..... court declared that "where a general authority is given to draw bills from a certain place on account of advances there made, the undertaking is to replace the money at that place. ..... as the money was advanced in england, the guarantee required that it should be replaced there, and that is the precise nature of the obligation in .....
Tag this Judgment!Court : US Supreme Court
..... result of years of labor in the examination of all public documents relating to its formation and of the recorded opinions of its framers, and thus he writes: "with the full recollection of the need or seeming need of paper money in the revolution, with the menace of danger in future time of war from its prohibition, authority to issue bills of page 110 u. s. ..... the legislation to which the states were thus induced to resort was not confined to the attempt to make paper money a legal tender for debts, but the principle that private contracts could be legally impaired and their obligation disregarded being once established, other measures equally dishonest and destructive of good ..... "the attention of the convention therefore" says chief justice marshall, "was particularly directed to paper money and to acts which enable the debtor to discharge his debt otherwise than was stipulated in ..... "so the adoption of the constitution," he adds, "is to be the end forever of paper money, whether issued by the several states or by the united states, if the constitution shall be rightly interpreted and honestly ..... , acting through the monarch or the legislature, according to the distribution of powers under their respective constitutions, had and have as sovereign a power of issuing paper money as of stamping coin," and that "the exercise of this power not being prohibited to congress by the constitution, it is included in the power expressly granted to borrow money on the credit of the united states. .....
Tag this Judgment!Court : US Supreme Court
..... payment of the taxes due by him to the state as aforesaid; that the plaintiff, when demand was so made for payment of his taxes, tendered to the defendant in payment thereof forty-five cents in lawful money of the united states, and coupons issued by the state of virginia under the provisions of the act of the general assembly of that state of march 30, 1871, entitled "an act to provide for the funding and ..... or trespass on the case shall be brought or maintained against any collecting officer for levying upon the property of any taxpayer who may have tendered in payment, in whole or in part, any coupon, or paper purporting to be a coupon, cut from bonds of this state for such taxes, and who shall refuse to pay his taxes in gold, silver, united states treasury notes, or national banknotes ..... the states, and in view of the great public and private mischiefs experienced during and prior to the period of the war of independence, in consequence of unrestrained issues by the colonial and state governments of paper money based alone upon credit ..... are based on the credit of the state, but they were not emitted by the state in the sense in which a government emits its treasury notes, or a bank its banknotes -- a circulating medium or paper currency -- as a substitute for money ..... was said: "the definition, then, which does include all classes of bills of credit, emitted by the colonies or states is a paper issued by the sovereign power containing a pledge of its faith and designed to circulate as money .....
Tag this Judgment!Court : US Supreme Court
..... or distribute, supply, or furnish, or procure for unlawful use, any counterfeit or spurious coin, bank notes, paper money, or any obligation or security of the united states or of any state, territory, municipality, company, corporation, or person, or anything represented to be, or intimated or held out to be, such counterfeit or spurious articles, or any scheme or artifice to obtain money by or through correspondence, by what is commonly called the 'sawdust swindle,' or 'counterfeit money fraud,' or by dealing or pretending to deal in what is commonly called 'green articles,' 'green coin,' ' ..... bills,' 'paper goods,' 'spurious treasury notes,' 'united states goods,' 'green cigars,' or any other names or terms intended to be understood as relating to such counterfeit or spurious articles ..... , in very words as well as in manifest intent, applies to any person who devises either a scheme to defraud or a scheme to sell counterfeit money or counterfeit obligations of the united states, provided the scheme is intended to be effected, and is effected, by communications page 160 u. s. .....
Tag this Judgment!Court : US Supreme Court
..... it was in consequence of unrestrained is sues of paper money by the colonial and state governments, based alone upon credit, said the court, that this clause in the constitution prohibiting the emission of bills of credit by the states was adopted, and page 177 u. s. ..... bank, supra, was again referred to, and the definition approved that the paper must be issued by a state, upon its faith, designed to circulate as money, and to be received and used as such in the ordinary business of life. ..... the provision in the state is substantially the same as that in the federal constitution, in that the legislature is prohibited from issuing treasury warrants, treasury notes, or paper of any description intended to circulate as money, while in the federal constitution the prohibition is against a state's emitting bills of credit, and the necessity exists in both that the paper shall be issued to circulate as money in order to be in violation of either instrument. ..... ' to 'emit bills of credit' conveys to the mind the idea of issuing paper intended to circulate through the community for its ordinary purposes, as money, which paper is redeemable at a future day. ..... 89 among the people as money, to be used by them as a paper currency or a circulating medium in their dealings with each other. .....
Tag this Judgment!Court : US Supreme Court
..... to justice all persons who, being charged with the crime of murder, or assault with intent to commit murder, or piracy, or arson, or robbery, or forgery, or the utterance of forged papers, or the fabrication or circulation of counterfeit money, whether coin or paper money, or the embezzlement of public moneys, committed within the jurisdiction of either party, shall seek an asylum, or shall be found within the territories of the other. ..... whoever counterfeits inland or foreign coin or paper money for the purpose of using such counterfeited money as genuine or otherwise to put it in circulation;,or who, with like intent, gives to genuine money, by alteration made upon the same, the appearance of higher value, or gives to invalidated money the appearance of money still current, shall be punished with ..... be received as evidence of the criminality of the person so apprehended, by the tribunals of the foreign country from which the accused party shall have escaped, and copies of any such depositions, warrants, or other papers, shall, if authenticated according to the law of such foreign country, be in like manner received as evidence, and the certificate of the principal diplomatic or consular officer of the united states resident in such foreign ..... issued by the empire, the north german confederation, a state of the confederation, or a foreign state, or by any other community, corporation, company, or private person authorized to issue such papers, are deemed equivalent to paper money. .....
Tag this Judgment!Court : US Supreme Court
..... left the schooner on june 2, and that, on june 20, he met the defendant hardy, who told him that he had left the schooner three or four days after affiant; also that hardy showed him a roll of paper money which he said was about $1,200, and added: "you know, this is more money than i had when i was on board the arago. ..... there is nothing in the indictment to suggest that he had, and nothing had at that time been disclosed to indicate that the fact that the defendant was in possession of so much money had any significance in connection with the charge. ..... harbor -- within one mile of the place where court was being held -- would testify that they knew affiant in san francisco from about march 26 to april 15, and then saw him in possession of a large amount of money, an amount in excess of $1,500, a part of which was the ..... again, accounting satisfactorily for the money found on his person made no defense. ..... by these witnesses, defendant sought to show that he was on the schooner at the time the murder was charged to have been committed, and also to explain the possession of the money found on his person. ..... it is not stated in the affidavit that the deceased had money in his possession. .....
Tag this Judgment!Court : US Supreme Court
..... 228 bank the sum of $100 in lawful paper money and of the value of $100, from one john french, the bank being then and there insolvent, and the defendant then and there well knowing ..... the character of a state law which forbids national banks, when insolvent, from accepting or receiving on deposit, with or without interest, any money, bank bills or notes, united states treasury notes or currency, or other notes, bills, checks, or drafts, or renewing any certificate ..... , deposit office, firm, company, corporation, or person engaged in the banking, brokerage, exchange, or deposit business shall, when insolvent, accept or receive on deposit, with or without interest, any money, bank bills or notes, united states treasury notes or currency, or other notes, bills, checks, or drafts, or renew any certificate of deposit. ..... a term of five years under the provisions of a statute of that state for the offense of having received, as president of the first national bank of decorah, iowa, a deposit of one hundred dollars in money in said bank at a time when the bank was insolvent, and when such insolvency was known to the defendant. ..... 233 the laws of the united states, he had embezzled the moneys of the said bank contrary to the form of the act of assembly of the state of pennsylvania ..... some of the assets that cannot at once be converted into money may be of a character to justify the expectation that, if actual and open insolvency be avoided, they may be ultimately collectible, and thus the ruin of .....
Tag this Judgment!Court : US Supreme Court
..... on the fifteenth day of july, 1900, and three thousand pesos on the fifteenth day of july, of the years of 1901 to the year 1904, both inclusive, all of which to be paid in the money current in the commerce, whatever may be the coinage of the money that as such is in circulation or is accepted in this province at the rate of one hundred centavos (cents) of the money in circulation for each peso, excluding all kinds of paper money in circulation or to be issued, even if its circulation should be compulsory. ..... these 18,000 pesos were to be paid by the purchaser at the same times mentioned in the former instrument "in current commercial money, whatever the coinage may be of money which, with such character, be in circulation or accepted in this province at the rate of one hundred cents of the circulating medium for each peso, and to the exclusion of all paper money created or to be created, even though its circulation be compulsory. ..... forth in the foregoing statement, and are substantially alike, excepting that the first deed, that of september, 1894, in speaking of the coinage, says that the payment is to be made in money that is in circulation or is accepted in the province at the rate of one hundred centavos (cents) of the money in circulation for each peso, and in the amended deed of october 6, 1894, the translator of the original spanish leaves out the word "centavos," and gives what he regards .....
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