Case ID: va_2/html/0688-01.html
Source: Caselaw Access Project
Author: {"author": "The PRESIDENT.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Terrell v. Ladd.
    October Term, 1795.
    Debt on Bond — Penalty—Judgment.—Debt upon a. bond, the penalty of which was in current money, with condition to pay so much sterling money. After verdict for the plaintiff, the judgment, should be for the current money mentioned in the penal part of the bond, to be discharged by the sterling money in the condition; and the-Court ought to settle the rate of exchange, which on an appeal should appear in the record.
    This was aa action of debt on a bond the penalty of which was in current money, with condition to pay sterling money. Verdict for the plaintiff, and judgment for the debt in the declaration mentioned to be discharged by so much sterling money with interest and costs &c. Prom this the defendant appealed.
    Copland for the appellant,
    objected, that the declaration being for current money and the judgment being entered to be discharged by sterling money, was error.
    Wickham for the appellee,
    insisted, that the court, by the act of Assembly was-directed to enter up the judgment according to the condition of the bond and therefore it would have been error to have directed a writ of enquiry. It has. been decided in this court, that a judgment maybe entered up for sterling money, and that the court may settle the rate of exchange.
   The PRESIDENT.

The point has been frequently so decided in this court.

Copland. It does not appear from this, record that the rate of exchange was settled by the court.

*Wickham. This is always done by a general order at the end of the term, and applies to all the sterling judgments of that term without forming a part of every distinct judgment.

The PRESIDENT. Upon an appeal, the order should be annexed to each judgment, and should appear in the record.

Wickham then prayed a certiorari, which, was awarded.

Note. The general order being certified, the judgment was affirmed in April 1796.