8 Tenn. 554
Decided July 1, 1827
Tennessee Supreme Court · decided 1827-07-01
Debt will lie on an obligation payable in Tennessee money. [Ace. Gift v. Hall, 1 Hum. 480.] This was an action of debt upon an obligation in these words : “ June 23d, 1824. On or before the first of January next, I promise to pay William Pike one hundred dollars in Tennessee money.” The defendant demurred generally to the declaration, which was sustained by the Circuit Court.
Decided 1827-07-01
¶1A note payable in Tennessee money is, to all legal intents, a note payable in gold or silver; for nothing but gold or silver constitutes Tennessee money. The case is different where it is payable in Tennessee bank-notes, as in Gamble v. Hatton (Peck’s Rep. 130), to which case this has no analogy.
¶2Judgment affirmed.