Supreme Court of Virginia April 18, 1871 (Town of Danville v. Sutherlin)

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United States · · · 18-04-1871

Staples, J.

Heitker party claims, that this is a Confederate transaction. Sutherlin treats the certificate as a security for the payment of its nominal amount in lawful money of the United States. The plea of usury is a tacit admission, on the part of the defendant, that this is a proper construction of the contract.

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