... emit' is never employed in describing those contracts by which a State binds itself to pay money at a future day, for services actually received, or for money borrowed for present use; nor are instruments executed for such purposes, in common language,... Documents of the Senate of the State of New York - Page 3by New York (State). Legislature. Senate - 1851Full view - About this book
| Joseph Blunt - History - 1832 - 916 pages
...instruments executed for such purposes, in common language, denominated 'bills of credit.' To 'emit bills of credit,' conveys to the mind the idea of issuing paper intended to circulate through tne community for its ordinary purposes, as money, which paper is redeemable at a future day. This... | |
| James Kent - Law - 1832 - 590 pages
...to the case of Craig v. The State of Missouri,1' bills of credit are defined to be paper issued and intended to circulate through the community for its ordinary purposes, as money redeemable at a future day. The issuing of such bills, by the state of Missouri, under the denomination... | |
| Joseph Story - Constitutional history - 1833 - 782 pages
...instruments, executed for such purposes, in common language denominated " bills of credit." To emit bills of credit conveys to the mind the idea of issuing...future day. This is the sense, in which the terms of the constitution have been generally understood. The phrase (as we have seen) was well known, and... | |
| Joseph Story - Constitutional history - 1833 - 800 pages
...instruments, executed for such purposes, in common language denominated " bills of credit." To emit bills of credit conveys to the mind the idea of issuing...is redeemable at a future day. This is the sense, 1 1 Hutch. Hist. ch. 3, p. 402 403, and note ibid. in which the terms of the constitution have been... | |
| William Alexander Duer - Constitutional law - 1833 - 264 pages
...its interpretation to paper redeemable at a future day, in anticipation of the public resources, and intended to circulate through the community for its ordinary purposes as money. 770. The Constitution considers the emission of bills of credit, and the enactment of tender Laws,... | |
| Edward Deering Mansfield - Constitutional law - 1834 - 284 pages
...against issuing " Bills of Credit." What is a Bill of Credit 1 A Bill of Credit 3 is defined to be paper intended to circulate through the community...money, which paper is redeemable at a future day. § 246. Is it necessary to constitute a Bill of Credit, that it should be made a legal tender ? In... | |
| Edward Deering Mansfield - Constitutional law - 1834 - 284 pages
...against issuing " Bills of Credit." What is a Bill of Credit ? A Bill of Credit 3 is defined to be paper intended to circulate through the community...money, which paper is redeemable at a future day. § 246. Is it necessary to constitute a Bill of Credit, that it should be made a legal tender ? In... | |
| United States. Supreme Court - Law reports, digests, etc - 1835 - 624 pages
...instruments executed for such purposes, in common language, denominated " bills of credit." " To emit bills of credit," conveys to the mind the idea of...redeemable at a future day. This is the sense in which the terras have always been understood. Craig et al. vs. The State of Missouri. Vol. IV. 431. 2. The constitution... | |
| Edward Deering Mansfield - United States - 1836 - 304 pages
...that against issuing "Bills of Credit." What is a Bill of Credit? A Bill of Credit J -is defined to be paper intended to circulate through the community...money, which paper is redeemable at a future day. § 246. Is it necessary to constitute a Bill of Credit, that it should be made a legal tender? In the... | |
| United States. Supreme Court - Law reports, digests, etc - 1837 - 696 pages
...delivering the opinion of the Court upon that occasion, in answer to the very inquiry said; "To emit bills of credit, conveys to the mind the idea of issuing...redeemable at a future day. This is the sense in which it has been always understood." Again: "The term has acquired an appropriate meaning; and bills, of... | |
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