1033

Case No. 9,948.

MURPHY v. CAMAC.

[4 Wash. C. C. 307.]1

Circuit Court, D. Pennsylvania.

Oct. Term, 1822.

JUDGMENT—SOUNDING IN FOREIGN MONEY—RATE OF EXCHANGE.

Judgment confessed, with liberty to the defendant at a future term to prove discounts. The judgment being for sterling money, the exchange is to be settled as of the day when the judgment was confessed.

Judgment was confessed in this case for $1100, Irish sterling, at the November term 1820 [see Case No. 2,226], with liberty to prove any discounts at a future session of the court. The plaintiff now admitted that the defendant was entitled to a credit against the judgment to the amount of $——, and the only question submitted to the court was, whether the rate of exchange should be settled as of the day when the judgment was confessed, or as of the present time. The court decided, that the rate of exchange when the judgment was confessed ought to govern.

1 [Originally published from the MSS. of Hon. Bushrod Washington, Associate Justice of the Supreme Court of the United States, under the supervision of Richard Peters, Jr., Esq.]

This volume of American Law was transcribed for use on the Internet
through a contribution from Google. Logo