Search results
Results From The WOW.Com Content Network
The two cases were Knox v. Lee and Parker v. Davis . The U.S. federal government had issued paper money known as United States Notes during the American Civil War, pursuant to the terms of the Legal Tender Act of 1862. In the 1869 case of Hepburn v. Griswold, the Court had held that the Legal Tender Act violated the Due Process Clause of the ...
Legal tender. Detail of the obverse of a Series 1950 United States ten-dollar bill, showing the phrase "This note is legal tender for all debts, public and private, and is redeemable in lawful money at the United States Treasury, or at any Federal Reserve Bank ." This phrase was subsequently shortened in later issues to "This note is legal ...
Interest-bearing notes are a grouping of Civil War-era bills of credit-related emissions of the US Treasury. The grouping includes the one- and two-year notes authorized by the Act of March 3, 1863, which bore interest at five percent annually, were a legal tender at face value, and were issued in denominations of $10, $20, $50, $100, $500 and ...
Calder v. Bull, 3 U.S. (3 Dall.) 386 (1798), is a United States Supreme Court case in which the Court decided four important points of constitutional law. First, the ex post facto clause of the United States Constitution applies to criminal laws that have at least one of four effects: 1st. Every law that makes an action done before the passing ...
Hepburn v. Griswold (1870) Knox v. Lee, 79 U.S. (12 Wall.) 457 (1871), was an important case for its time in which the Supreme Court of the United States overruled Hepburn v. Griswold. [1] In Knox v. Lee, the Court held that making paper money legal tender through the Legal Tender Act did not conflict with Article I of the United States ...
Daly. First National Bank of Montgomery v. Jerome Daly, Dec. 9, 1968 (Justice Court, Credit River Township, Scott County, Minnesota ), also known as the Credit River Case, was a case tried before a justice of the peace in Minnesota in 1968. The case is not a Supreme Court case or an appeals court case, and does not set a legal precedent.
McCulloch v. Maryland, [ a] 17 U.S. (4 Wheat.) 316 (1819), was a landmark U.S. Supreme Court decision that defined the scope of the U.S. Congress 's legislative power and how it relates to the powers of American state legislatures. The dispute in McCulloch involved the legality of the national bank and a tax that the state of Maryland imposed ...
An act to enable the governor, council, and assembly of his Majesty's colony of New York, to pass an act of assembly for creating and issuing upon loan paper bills of credit to a certain amount; and to make the same a legal tender in payments into the loan offices and treasury of the said colony. Citation: 10 Geo. 3. c. 35: Territorial extent