Woods v. Parker

Citations

• 36 Tex. 131

Syllabus

<p>In defense to a suit on a promissory note payable in any current bank paper or treasury notes of the State of Texas, the defendant pleaded that at the making and maturity of the note the only currency in circulation in this State was Confederate States paper money, or Confederate States notes, and treasury notes or warrants issued by and under the authority of the State of Texas, and that those notes and warrants were worth but ten cents on the dollar; and he claimed a deduction accordingly. Held to be no defense. The appellant would have been discharged had he paid the note when it fell due in treasury warrants of the State of Texas, or even in Confederate money, had the holder seen fit to receive that in payment; but he is now bound to pay the note in the legal currency of the country.</p>