Graves v. Webb

5 Va. 385, 1 Call 443, 1798 Va. LEXIS 34
CourtCourt of Appeals of Virginia
DecidedNovember 2, 1798
StatusPublished
Cited by2 cases

This text of 5 Va. 385 (Graves v. Webb) is published on Counsel Stack Legal Research, covering Court of Appeals of Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Graves v. Webb, 5 Va. 385, 1 Call 443, 1798 Va. LEXIS 34 (Va. Ct. App. 1798).

Opinion

PENDLETON, President.

If the Court should be of opinion that the judgment of the County Court was not sustainable, the question then will be, whether we can ceed to give any judgment for the plaintiff? For, as certificates are not a medium of exchange, but a specific thing, the Court are doubtful whether any judgment could be rendered for them, should they think the judgment of the County Court was erroneous; and, therefore, we wish to hear the counsel upon this point.

Marshall. I always thought the Court could not render any judgment for the plaintiff.

Cur. adv. vv.lt.

The cause was this day argued again by Duval and Randolph, for the appellant, and Marshall for the appellee.

For the appellee.

It was insisted, that in an action of debt for specific things, it was absolutely necessary to lay the value of them. That all the cases cited by the appel lant were so; and, that no case had decided the contrary. That the value here, was not ascertained; and, therefore, there was no standard, by which the certificates could be discharged. That in actions of debt for foreign money, the constant practice was, to lay the value, in order that there might be a measure by which the specific article might be discharged. That this was more necessary in the case of certificates, than- in the case of foreign money; because, the latter might always be procured at home or abroad; but, certificates by the very laws which created them, were subject to expire; and, thus it might happen, that the specific article could not be got to discharge the judgment. That the judgment did not pursue the notice. That if it was a declaration, the variance would be fatal; and, certainly it would not be pretended, that a notice, which was an innovation upon the common law, might be less definite than a declaration; or, that the judgment might vary from the notice, in a greater degree, than it could from the declaration, in a suit at common law. That the notice should state the claim, with as much precision as a declaration; and, the judgment should as strictly pursue the one as the other. That the act of Assembly did not permit the entering of judgment for the penalty; which should be for -the amount paid precisely, and that no excess was allowable. R. C. 292, [12 Slat. Larg. 269.] That this expressly confined it to the sum paid; and, therefore, that a departure could not be sustained. That the judicial part of the judgment was for the penalty, and the residue was collateral, and a mere rule of Court, Ragsdale v. Baltc, 2 Wash. 201, in this Court. Which was a complete answer to the argument, that in substance, the judgment was for the certificates; for, that case proves that the judgment is really for the penalty; and, therefore, if it were true, that the judgment could be rendered for the certificates, yet that circumstance would not help the appellant’s case. That, for the same reason, that judgment could not be rendered for the penalty, interest was not rightly allowed;* because,'it was an excess beyond the sum paid; whereas the act expressly confined the judgment to that amount. ' .

[389]*389ROANE, Judge.

The original bond referred to in these proceedings, was a bond from Webb and Graves to Reynolds, conditioned to be defeasanced, by the delivery-on a certain day of a specific sum in military audited certificates.

If the subject of the defeasance, had been a sum certain in money, then judgment would have been given for that sum, it being a medium of universal circulation and a just standard of value. This likewise would have been the case with regard to tobacco; for, this commodity being in general circulation and a permanent staple of the country, the Legislature has, by an express provision, given it some of the qualities of money; as, for instance, that tobacco contracts shall be discharged in kind.

But, with respect to military audited certificates, the Legislature has made no such provision; and such an effect will by no means result from their general nature and quality.

These certificates were not in the hands of the people generally, but only of those who had composed the revolutionary army and a few speculators; the holders, in both of which descriptions of men, calculated more on the future than the present value thereof; they were merely of a temporary existence, and are only to be considered as a document or bond from the public, for the payment of a certain sum.

On these accounts, and because of the very great fluctuation in the value of such certificates, they are a very improper medium for estimating damage. By such a medium, although a man might have performed a contract by a purchase with 501. in money at a given day, it has happened that, within a very few months afterwards, quadruple that sum would not have indemnified him.

Thus, by departing from a stable medium and adopting one liable to be affected a thousand ways; and, especially, by the monopoly and artifice of the speculators, the greatest injustice would ensue. Nay more, it might happen, and in fact has happened, that this medium should be called out of circulation, and thus an impossibility be created of performing the contract in specie.

For these Reasons, it has never been the policy of the law that a breach of a contract, like the present, should be remedied, in any other way than by a just estimation of damages in money. The present contract was just the same as if it had been to deliver any other kind of com[390]*390modity; with this difference, however, that with respect to most articles, a specific payment would be less unjust; because they are more permanent in their value ‘than the kind of certificates now in question.

The present case, then, is that of a mere collateral bond, (according to the general acceptance of this country;) and the undertaking of the security goes to the damages sustained in case of non-performance, to be estimated in money, and a Court of Law has no power to award a delivery of the certificates themselves.

The question then is, whether as the principal here has not and could not by the policy of the law, have bound himself to produce the certificates themselves by a general obligation like the present; and, as the surety has not undertaken further or otherwise than the principal himself had undertaken, the appellant shall, in consequence of a judgment, which ought not to have been rendered, (to which the principal was no party and which the security might have reversed,) be put in a better situation and be enabled to recover the certificates themselves ?

Let me premise, that I do not meddle with that judgment; it must, for any thing I say, remain in full force: But, I am compelled to take a view of the subject as connected with the present question, and collaterally to say, that it was not warranted by the agreement in question, under the laws of the country.

If my premises are correct, it might with as much truth he argued, that a judgment against a security for tobacco, on a bond conditioned for the payment of money, if a Court could be found to render such a judgment, would justify that surety in recovering tobacco from the principal.

Such then, would be the consequence of awarding payment against the principal, by having regard only to what he has actually paid to the creditor, and keeping out of sight his original engagement.

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Cite This Page — Counsel Stack

Bluebook (online)
5 Va. 385, 1 Call 443, 1798 Va. LEXIS 34, Counsel Stack Legal Research, https://law.counselstack.com/opinion/graves-v-webb-vactapp-1798.