Case Name: John T. Mason, et al. vs. Biddle
Court: Kentucky Court of Appeals
Jurisdiction: Kentucky
Decision Date: 1831-04-27
Citations: 6 J.J. Marsh. 30
Docket Number: 
Parties: John T. Mason, et al. vs. Biddle.
Judges: 
Reporter: Kentucky Reports
Volume: 29
Pages: 30–31

Head Matter:
John T. Mason, et al. vs. Biddle.
April 27.
Error to the Fayette circuit; Thomas M. Hickey, Judge.
Bank JVotes. Judgment. Contract. Damages, measure of.
Covenant.
CaseD.
On a cove-fo’SWorthe payment of ten thousand instalments66 “tobedis-’ chargedinthe eralf^recelv” aWeatthe1 " time of pay-monty m ths usual course ef business, in Kent^ck°” the measure of damages is the value of e severa m- sfalments at the times when became due.

Opinion:
Chief Justice Robertson
delivered the opinion of the court.
On a covenant, dated in May 1821, for the payment of ten thousand three hundred and forty ^°^ars twenty-one cents, in three instalments, to be discharged in the currency generally receivable at the time of payment, in the usual course of business, itv state of Kentucky;" a verdict and judgment were rendered, in March, 1829, for fifteen thousand two hundred and forty-one dollars thirty-one cents, "in n°fes °f the Bank of the Commonwealth, and in notes on the Bank of Kentucky;" to reverse which, the defendants in the circuit court prosecute this writ of error
The legal measure of damages, was the value of ^le severaf instalments at the times when they became due. Although the covenant was not for gold or silver, nevertheless the creditor had no right to a judgment for any thing but the specie value of the currency « receivable, at the time of payment, in the usual course of business," because the endorsement act of 1824* does not apply to the case.
Hoggin, Denny and Triplett, for plaintiffs; Combs and Chinn, for defendant.
Judgment reversed, and cause remanded fefr a new irlal.