Spencer v. Prindle

28 Cal. 276
California Supreme Court·Decided April 15, 1865·Published·Cited by 3 cases

Opinions

By the Court,

Sawyer, J.

The plaintiffs—being attorneys at law—sued Prindle for professional services. The services were admitted on the trial, ¡j and the only issue was as to their value. William H. Patterson, an attorney, having been asked the general question, as to the reasonable value of the services of plaintiffs, without any reference in the question to any particular kind of money to be taken as the standard of valué, answered, “that the ser[277] vices were worth one thousand dollars in greenbacks, or five hundred dollars in coin.” The other witnesses all made similar answers to similar questions. No objection being taken in any form to any portion of the testimony.

On this testimony the defendant asked the Court to give to the jury the following instruction :

“The jury, in assessing the damages, are not at liberty to take into consideration the difference in value of the currency of the country, but will find a verdict without reference thereto.”

The Court refused to give the instruction, as asked, but did give it with the following addition, “ except so far as testified to by witnesses and admittted to go to you as testimony in the case.” Defendant excepted to the refusal and modification. A verdict was returned in favor of plaintifi* for the sum of eight hundred and eighty-nine dollars and twenty-five cents, the amount claimed in the complaint. No particular kind of money was specified in the verdict, or judgment. The ruling of the Court upon the foregoing charge is the error relied on, on the motion for new trial, and on appeal.

The term, “greenback,” as use'd in the testimony, is of course, intended to designate treasury notes of the United States, made by Act of Congress a legal tender in payment of debts; and the term, “coin,”-to signify the coin of the United States, also made a legal tender. The plaintiffs instruction assumes, that, in legal contemplation, a dollar in one of these kinds of money is equivalent to a dollar in the other—that a dollar in gold is of no more value than a dollar in “greenbacks,” and a dollar in “greenbacks” of no less value than a dollar in gold. Concedipg this to be so, the most that the defendant can complain of is, that the jury found the value of the services in greenbacks. But this value is, upon the hypothesis assumed, equal to the same number of dollars in gold. The defendants, therefore, could not have been injured.

But conceding, that, while in legal contemplation there is no difference in value between the different kinds of lawful [278] money, there is a difference, in fact, recognized in the commercial world, and in the ordinary business transactions of the country; how will it affect the question under consideration ? We then have two kinds of lawful money, both a legal tender in payment of all debts, within the meaning of the term debts, as used in the various Acts of Congress upon the subject, and, therefore, in legal contemplation, of equal value, but, in fact, recognized in all commercial and business transactions as having different values. All business transactions between man and man would ordinarily be made with reference to this difference in value. If a contract is made, as for instance for a sale of goods, or for services to be performed, for a stipulated price, without naming any particular kind of money in which it is to be paid, the party to make the payment may, at his option pay it in any kind of money made a legal tender that suits his interest, convenience or caprice, and the other party must receive that or none. The presumption is, that the contract is made and the price fixed with reference to this right of the debtor. If the party who is to make the payment fails to meet his engagements, the other party may bring his suit to enforce the payment. In this case there are so many dollars due according to the sum stipulated. On the trial the Court can only ascertain the number of dollars due by the terms of the agreement, and render judgment for the amount, and there can be no inquiry as to whether a dollar of one kind is equivalent to a dollar of another. And the same would, doubtless, be true in case of a contract to pay in any specific kind of money. For the inquiry in such a case would be reduced to a comparison of values between two or more dollars of different kinds of money, which in contemplation of law are of equal value.

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Spencer v. Prindle, 28 Cal. 276 (Cal. 1865).

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