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12 S.C.L. 115

Lange v. Kohne

Supreme Court of South Carolina

Decided January 15, 1821

Supreme Court of South Carolina · decided 1821-01-15

ThIS was an action brought on a due bill, of which the following is a copy: “ Due Mr. John Geyer one hundred pounds, paper me* dium. “28th September, 1793. “ For Frederick Kohne, “ Peter Patterson.” The plaintiff claimed as assignee of John Geyer, who made the assignment for the benefit of his creditors.

Decided 1821-01-15

Mr. Justice Huger

¶1delivered the opinion of the Court.

¶2It is unnecessary to notice the different grounds for a ney trial in this case, as the motion in arrest of judgment must prevail. At common law, a chose in action is not assignable. By the statute of Ann and our act, notes, &c, payable in money, are assignable. The note in que-Mou, *116however, is not payable in money, but in paper medium.-— That paper medium is not money, appears from the 8th and'10th sections of the Constitution of the United States, which declare that Congress shall coin money; and that no state shall coin money, emit bills of credit, or make any thing but gold and silver coin a tender in payment of debts. But the act creating a paper medium, does not pretend to give it the character of money, it only makes it a tender at the treasury.

¶3The motion in arrest of judgment must therefore be granted.

Justices Nott, Colcock, Gantt, Richards (maná Bay, concurred.
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