Pilmer v. Branch of State Bank
This text of 19 Iowa 112 (Pilmer v. Branch of State Bank) is published on Counsel Stack Legal Research, covering Supreme Court of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
& C., Am. Law Beg., 1865, April No., where the authorities [113]*113bearing upon and illustrating the general subject have been most industriously collected by the learned annotator. These authorities, notwithstanding the doubt he expresses as to one point ruled by us, clearly show that our opinion has in its favor not only the decided weight, but the almost unbroken column of decisions. Such, at least, is our understanding of the teachings of the cases. The plaintiff having recovered in full, the present appeal does not call for any further examination of the subject. On the retrial, the District Court laid down the law to the jury precisely in accordance with the decision of this court.
It charged, in substance, that the plaintiff was prima facie entitled to recover (if at all) the nominal par amount of the draft in suit; that to reduce this amount the burden was in the defendant to establish two things: 1st. That the word “ currency ” had acquired a local, secondary or peculiar meaning among business men, and others; 2d. That the plaintiff knew of this special or acquired meaning, and accepted the draft with reference thereto.
It appears that some time in. May, 1861, one Smith bought hogs of the plaintiff, 'a farmer, and gave him a check on the defendant, payable in Chicago exchange.” Against this, or for this, the draft in suit was drawn; and this, and not the check of Smith, measured and governed the rights and liabilities of the parties. The-' court did not err, therefore, in refusing to charge, at the defendant’s instance, that the plaintiff was bound to know what “ Chicago exchange ” meant. Except as bearing upon the plaintiff’s knowledge .of the alleged special meaning of [114]*114the word “currency ’’ (as to which the jury were properly directed), the prior check of Smith was in this action wholly irrelevant.
Affirmed.
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