¶1This action was brought on a promissory note, payable in New York, with interest and the rate of exchange. The court directed the jury to calculate the exchange on the amount due on the note, at maturity, and not the exchange as it might be at the trial.
19 F. Cas. 1322
Price v. Teal
U.S. District Court
Decided May 15, 1847
U.S. District Court · decided 1847-05-15
<p>Case No. 11,417.</p> <p>Bills and Notes — Rate op Exchange at Maturity.</p> <p>Where a note is given in Indiana payable in New York, with interest and the rate of exchange. the rate of exchange will be, the time the note becomes due.</p>
Decided 1847-05-15