Barnetts v. Miller's Adm'r
Barnetts v. Miller's Adm'r
Opinion of the Court
delivered the opinion of the court.
This is a supersedeas to a judgment of the Circuit court of Boanoke county, rendered in an action of debt, wherein Henry H. Brillhart, adm’r of Catharine Miller, dec’d, was plaintiff, and Charles T. Barnett and Giles Barnett were defendants. The action was brought upon a bond of the defendants to the plaintiffs’ intestate for the sum of $800, dated the 20th day of September, 1862, and payable one day after date. The only plea in the ease was payment, on which issue was joined, though the defendants filed an account of set-offs. The parties, by consent entered of record, waived the right to have a jury; aud thereupon the whole matter of law and fact was heard and determined, and judgment given by the court, “ that the plaintiff recover against the defendants. $740, part of the debt in the declaration mentioned, (it appearing that the contract as to $100 of the bond of $800 on which this action is founded, was, according to the true understanding and agreement of the parties, entered into with reference to Confederate States Treasury notes as a standard of value, and that the true value thereof at the time the said bond became due was $40,)
“ The within bond shall not bear interest until called for. Feb. 20th, 1861.
“ Interest from this date, July 29th, 1867.
“ Received interest on the within bond up to this date. Feb. 20th, 1864.
“ Received the interest on the within bond to this date. March 10th, 1869.”
The bill then states, that the “ defendants, to sustain their views of the cause and the issue on their behalf, introduced a wdtness, Giles Barnett, one of the obligors in said bond, who testified that the money that Charles T. Barnett got was Confederate money; that he, Giles Barnett, owed Mrs. Catharine Miller between 5 and $700 for money borrowed before the war, for which she held his bond or bonds; that in September, 1862, he went to her, and offered to pay her the amount he owed her in Confederate money, which she refused to receive, stating that she was willing to receive the interest, but would not take the principal of the money. She did not say whether she refused because she did not want the money, or because it was Confederate money; That Charles T. Barnett said he wanted money, and Giles Barnett said,
The only assignment of error in this case is, that the court erred in deciding that the bond whereon the action was founded, was entered into by the parties thereto in reference to Confederate States treasury notes as a standard of value, only as to $100, part of the sum of $800 for which said bond was given, instead of deciding that the said bond, as to its entire amount of $800, was so entered into in reference to such standard of value, and scaling the same accordingly.
Ve think there is no error in the judgment of the Circuit court. The debt for which the bond was given whereon the action was founded, was an ante-war debt, solvibie only in constitutional currency, except one hundred dollars, which ivas loaned at the time in Confederate money, and was accordingly scaled by the court. The residue of the debt, seven hundred dollars, being the amount of the bond of Giles Barnett, was properly held not to be a Confederate money debt, and not scaled by the court. The grounds on which the plaintiffs in error contend that the whole debt is a Confederate money debt, are: that a new bond was taken during the war fcr the whole amount of the debt, including one hundred dollars loaned in Confederate money at the time : that the new bond was executed by two obligors, to wit: Charles T. Barnett and Giles Barnett, whereas the old bond was executed only by one, to wit, Giles Barnett; that when the new bond was executed, the old one was surrendered; that Giles Barnett was the only debtor for the original debt, whereas Charles T. Barnett was the principal debtor and Giles Barnett only a surety
We think this reasoning, though perhaps plausible, is yet fallacious ; and there seems to be more reason for arguing, that the whole new debt partook of the original nature of seven-eighths of it, than that it partook of the nature of only one-eighth of it. But we think there is still more reason in the j udgment of the court which decided that the nature of the new debt, in its constituent parts, followed that of the consideration respectively, and that seven-eighths of the debt was still a good money debt, solvible by payment in full in good money only, while one-eighth of it was still a Confederate money debt, and therefore scalable.
In September 1862 Giles Barnett, owing a good money debt of $700 to Mrs. Catharine Miller, offered to pay her the amount in Confederate money, which she refused to receive, stating that she was willing to receive the interest, but would not take the principal of the money. She did not say whether she refused because she did not want the money, or because it was Confederate money. But it is obvious that she refused because it was Confederate money. At that time the value of Confederate money, compared with gold, was as $2,50 to $1; and it is not reasonable to suppose that she would be willing to receive less than cne-half of the value of her debt in full discharge of it. It does not appear that she was in want of money at all, much less of Confederate money; or that her debt was not perfectly secure.
The certificate in this case is only of the testimony and not of the facts proved on the trial, and the only testimony was that of Giles Barnett, one of the debtors, and the original debtor. That testimony fairly construed, without any bearing either way, conducts us to the conclusion which we have expressed. But it must be remembered that the case comes up to us, not merely upon the testimony of a single witness, and he one of the debtors, but also as an appeal from the judgment of the court below, to whose decision the whole matter of law and evidence was submitted by the parties: That such a caséis to be considered by this court as upon a demurrer to evidence by the appellant, is now the settled doctrine of the court. So considering this case, can there be a donbt of the correctness of the opinion we now pronounce?
After we had considered this case (which we understood was submitted to the court by consent of parties by counsel) and had prepared the foregoing opinion on it, we received the brief of the counsel of the plaintiffs in error and have considered it. Though ingenious, it fails to show that there is error in the judgment, and does not render any addition to, or change in, the foregoing opinion necessary.
We think there is no error in the judgment, and that it ought to be affirmed.
Judgment aeeirmed.
Reference
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- Syllabus
- M held the bond of G for $700 executed before the war. In September 1862 G proposed to pay M in Confederate money, which she refused to receive, saying she would receive the interest, but not the principal of the money. His brother C said he wanted money, and G. said if she would let C have the money, and give up his bond, he would go C’s security. M then let C have $100 of Confederate money, and C and G' executed their bond to M for $800, and she gave up G’s bond. Nothing was said about the bond being paid in Confederate money; and G paid to C $700 in that currency. Held : This was not a novation of the debt, but it retained its original character; and as to $700 it was to be paid in full, and as to $100 it was to be scaled.