1 Va. 194
Decided October 15, 1793
Court of Appeals of Virginia · decided 1793-10-15
This was an appeal from the High Court of Chancery — Keeling, the plaintiff in that Court, borrowed from M’Rae in April 1778, a sum of paper money amounting to £422: 18, not *to be repaid in less than twelve months thereafter, which money, (the answer states,) belonged to the ward of M’Rae, being so much received by him in discharge of a specie debt due to the ward.
Decided 1793-10-15
¶1delivered the opinion of the court. The case is too clear to be argued. This is a downright attempt to evade the law, directing the mode of settling debts contracted in paper money, without a single circumstance to countenance it.
¶2In the case of Wily and Panky, in the General Court, it was determined, that the creditor who concealed himself in his house, to evade a tender, should sustain the loss by the depreciation of the money.
¶3Decree affirmed.