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Scottish Court of Session Decisions >>
Hamilton v Corbet. [1731] Mor 10142 (6 February 1731)
URL: http://www.bailii.org/scot/cases/ScotCS/1731/Mor2410142-077.html Cite as:
[1731] Mor 10142
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The value imposed upon money, by public authority, is the only thing considered in payments, and not the metal of which it is made; at the same time, it is not at the time of contracting the debt that the value of the money is to be considered, but the time of payment; and, therefore, when the value of the coin is augmented or diminished, the profit or loss is the debtor's and not the creditor's.—See Appendix.
