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bank notes as money

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 23 U.S. 333 - President Directors Company of the Bank of the United States v. President Directors Company of the Bank of the State of Georgia · 1825Most cited · 112 citing opinions

Bank notes constitute a part of the common currency of the country, and, ordinarily, pass as money. When they are received as payment, the receipt is always given for them as money. They are a good tender as money, unless specially objected to