Comstock v. Smith

20 Mich. 338, 1870 Mich. LEXIS 56
CourtMichigan Supreme Court
DecidedMay 10, 1870
StatusPublished
Cited by18 cases

This text of 20 Mich. 338 (Comstock v. Smith) is published on Counsel Stack Legal Research, covering Michigan Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Comstock v. Smith, 20 Mich. 338, 1870 Mich. LEXIS 56 (Mich. 1870).

Opinions

Graves, J.

The defendant in error presented a claim before the commissioners appointed to examine and adjust claims against the estate of Addison J. Comstock, deceased, and the same was disallowed, whereupon the claimant appealed to the Circuit Court.

An issue was made up in that Court under the statute and tried before a jury, who returned a verdict for the claimant; and the administrator of the estate has brought the case to this Court, upon exceptions to the admission of evidence and the charge to the jury. The claim litigated in the Court below was upon a covenant by decedent and others to defendant in error,' contained in a mortgage made [340]*340in Canada on the 25th of January, 1866, on an acre and a -half of oil land, on which were two oil wells, and which mortgage and covenant were intended to secure in part the payment of the purchase price of the premises and certain personal property included in the trade. The ' covenant stipulated that the covenantors should pay to the covenantee, the complainant, two thousand dollars of lawful money of Canada, with interest at seven per centum, as follows: One third of said sum of two thousand dollars in six months from date: one-third in twelve months from date, and the remaining one-third in eighteen months from date, with interest at said rate on the unpaid balance, when the payments should fall due respectively. The chief defense, as stated in a special notice attached to the plea, was, that on the sale of the property of which the money specified in the covenant was in part the consideration, the claimant, Mrs. Smith, made certain fraudulent representations, by which the covenantors were damnified to an amount beyond the sum called for by the covenant. The errors assigned are very numerous, but we do not think it necessary to notice them in detail. The first was abandoned on the argument, and the residue may be examined under two general heads.

The questions which properly arrange themselves under the first head relate to the evidence given and requisite to ascertain the amount called for, in this state, by this Canadian contract, and the charge of the Court as to the rule of damages.

It was urged on the trial, and is insisted upon here by plaintiff in error, that the covenant called for a sum in the legal money of Canada. That in order to fix the value in our money of the sum specified by the covenant, it was necessary to ascertain what was lawful money in Canada; that it was to be presumed that what was lawful money in Canada was the subject of positive written law in the Province, and that as a consequence it was incumbent on the [341]*341claimant to make proof of that law by an exemplification or sworn copy, or in some other established mode.

The view we take of the general question makes it unimportant to consider the validity of the points most pressed by the plaintiff in error in this branch of the case. The force and effect of the covenant were in no degree altered by the words “ of lawful money of Canada,” since, without these words it must have been intended that the agreement made, and to be performed in Canada, contemplated a payment of the given sum in dollars of legal money of the Province.

The case may therefore be regarded as though the words “of lawful money of Canada” had not been in the instrument. The end to he attained upon the trial, in relation to that part of the case we are now considering, was to ascertain the amount of damages or claim to which the claimant would be entitled in this State, and the enquiry necessary to attain the end did not involve the proof of the law of Canada. We are not aware that it has ever been thought necessary in suits in our courts on foreign contracts, when the amount is expressed in sterling money, or other foreign denomination, to require proof of the foreign laws, in order to ascertain the damages to be awarded in American money; and we think no such rule exists anywhere.

It is therefore our opinion, that in this case nothing more was required than to show those facts as to the comparative value of the money of Canada, and of this country, which would enable the jury to express in our money a sum equivalent to that called for in the foreign money. Upon the nature of the evidence bearing upon this question, a few words will be necessary. We think the inquiry to which this evidence belongs is quite analagous to that involved in cases where the market value of chattels is to be ascertained by evidence, and that the employment of the same methods to prove the value here of foreign money, as are authorized to prove the marketable value of com[342]*342modities at a distance, would, by reason of the greater stability and uniformity of value of money, be less likely to lead to erroneous results, than when used to find the value of such commodities.

The general principle, therefore, which governs, in proving the value of chattels in a distant market, may be applied with safety to a matter like that before us, where the foreign state is a near neighbour, and where the money transactions between the two countries are of hourly occurrence.

We shall refer to but two or three cases to illustrate our view of the appropriateness of the material evidence on the trial, bearing on the question we are now considering.

In Sisson v. Toledo R. R. Co., 14 Mich., 489, it was held competent to prove the market value of cattle in Albany and New York, as derived from the newspapers in which the state of the market was published daily.

In re Cliquot's Champagne, 3 Wall., 114, the Supreme Court of the United States determined that prices current obtained in France, from the agent of a manufacturer or from dealers in the manufactured articles generally, and which had been prepared and used by parties furnishing them in the ordinary course of their business, were admissible to prove the value of wines in France.

In Kermott v. Ayer, 11 Mich., 181, a witness having testified that he had had several business transactions with attorneys and lawyers in Canada, and in that way had occasion to learn the value of Canadian and Halifax currency in common use there, as compared with our own, it was considered by this Court that it was competent for him to testify to the value of Canada money, and to state its equivalent in our own.

The principle of these decisions justified the evidence given on the trial by the witnesses as to the value here of the money called for, in Canada, by the covenant on which the defendant in error based her claim.

[343]*343Having come to this conclusion as to the character of the evidence given and required, in relation to the amount called for in our money, it becomes unnecessary to consider the question raised upon the admission of the Canadian laws.

The objection to that part of the charge, which in substance instructed the jury, that, if they should find for the claimant, she would be entitled to recover, according to the then value of Canada currency, in legal tender notes cannot be supported. If any error was committed by this direction, it was not against the defense. It was urged on the trial on the part of the claimant, that the damages should be ascertained by adding to the sum of each payment, when due, as measured by American money, the difference at that time, between such money and that of Canada; and there are many authorities which would support that course.

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Bluebook (online)
20 Mich. 338, 1870 Mich. LEXIS 56, Counsel Stack Legal Research, https://law.counselstack.com/opinion/comstock-v-smith-mich-1870.