 ... 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
 | Charles Sumner - Speeches, addresses, etc., American - 1900 - 408 pages
...ChiefJustice Marshall, in pronouncing the opinion of the Supreme Court, when he said : " To ' emit bills of credit" conveys to the mind the idea of issuing...to circulate through the community for its ordinary l Commentaries on the Constitution, Vol. II. ยง 1372. purposes 05 money, which paper is redeemable... | |
 | FRANCIS NEWTON THORPE - 1901 - 862 pages
..."conveys to the mind the idea of an issue of paper intended to circulate through the community for ordinary purposes as money, which paper is redeemable at a future day." This is the sense in which the term has always been understood. In the case before him, the denominations of the bills were from fifty... | |
 | Francis Newton Thorpe - Constitutional history - 1901 - 724 pages
..."conveys to the mind the idea of an issue of paper intended to circulate through the community for ordinary purposes as money, which paper is redeemable at a future day." This is the sense in which the term has always been understood. In the case before him, the denominations of the bills were from fifty... | |
 | Walter A. Shumaker, George Foster Longsdorf - Law - 1901 - 1016 pages
...Promissory notes or bills issued by a state government, exclusively, on the credit of the state, and intended to circulate through the community for its ordinary purposes as money, redeemable at a future day, and for the payment of which the faith of the state is pledged. 4 Kent,... | |
 | University of Chicago - Universities and colleges - 1903 - 208 pages
...and so prohibited. The court then defined the term "bills of credit," as used in the constitution, as "paper intended to circulate through the community...money, which paper is redeemable at a future day," or "a paper medium intended to circulate between individuals or between government and individuals,... | |
 | Robert Lansing, G. M. Jones - United States - 1902 - 268 pages
...services rendered to it or for money borrowed for present use. "They are," says Chief Justice Marshall, " paper intended to circulate through the community, for its ordinary purposes, as money." The provision relating to tender in payment of debts was for the purpose of further avoiding the dangers... | |
 | Robert Lansing, Gary M. Jones - New York (State) - 1902 - 476 pages
...services rendered to it or for money borrowed for present use. "They are," says Cbief Justice Marshall, " paper intended to circulate through the community, for its ordinary purposes, as money." The provision relating to tender inpayment of debts was for the purpose of further avoiding the dangers... | |
 | John Marshall - Constitutional law - 1903 - 828 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...sense in which the terms have been always understood. At a very early period of our colonial history the attempt to supply the want of the precious metals... | |
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