Case Name: PRICE et al. v. TEAL
Court: United States Circuit Court for the District of Indiana
Jurisdiction: United States
Decision Date: 1847-05
Citations: 19 F. Cas. 1322
Docket Number: 
Parties: PRICE et al. v. TEAL.
Judges: 
Reporter: Federal Cases
Volume: 19
Pages: 1322–1322

Head Matter:
Case No. 11,417.
PRICE et al. v. TEAL.
[4 McLean. 201.]
Circuit Court, D. Indiana.
May Term, 1847.
Bills and Notes — Rate op Exchange at Maturity.
Where a note is given in Indiana payable in New York, with interest and the rate of exchange. the rate of exchange will be, the time the note becomes due.
[This was an action on a promissory note by Price and Price against Teal.]
Mr. Yandees, for plaintiff.

Opinion:
OPINION OF THE COURT.
This action was brought on a promissory note, payable in New York, with interest and the rate of exchange. The court directed the jury to calculate the exchange on the amount due on the note, at maturity, and not the exchange as it might be at the trial.