Case ID: f-cas_17/html/1033-02.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Case No. 9,948.
    MURPHY v. CAMAC.
    [4 Wash. C. C. 307.] 
    
    Circuit Court, D. Pennsylvania.
    Oct. Term, 1822.
    Judgment — Sounding in Foreign Money — Rate of Exchange.
    Judgment confessed, with liberty to the defendant at a future term to prove discounts. The judgment being for sterling money, the exchange is to be settled as of the day when the judgment was confessed.
    
      
      
         [Originally published from the MSS. of Hon. Bushrod Washington. Associate Justice of the Supreme Court of the United States, under the supervision of Richard Peters, Jr., Esq.]
    
   Judgment was confessed in this case for $1100, Irish sterling, at the November term 1S20 [see Case No. 2,226], with liberty to prove any discounts at a future session of the court. The plaintiff now admitted that the defendant was entitled to a credit against the judgment to the amount of 8-, and the only question submitted to the court was, whether the rate of exchange should be settled as of the day when the judgment- was confessed, or as of the present time. The court decided, that the rate of exchange when the judgment was confessed ought to govern.