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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 811   View pdf image (33K)
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AST. 29]

CURRENCY.

811

ARTICLE XXIX.

CURRENCY.

1. What coins recognized as.
2. Accounts to be expressed in dollars
and cents.
3. All judgments, decrees, fines and
penalties to be expressed in dol-
lars and cents.
4. Banks alone authorized to issue and
circulate any paper security as ;
penalty.
5. Persons passing or circulating such ;
nenaltv.

G. Licensed persons issuing or receiv-
ing such; penalty.
7. Qualifications of sections 4-6.
S. Preceding sections to be liberally
construed.
9. Foreign currency less than five .lol-
lars not to be circulated; penalty.
10. Fine for violation of section 9, to
whom paid.
11. Commitment of persons not paying
fine.

1904, art. 29, sec. 1. 1888, art. 29, sec. 1. 1860, art. 32, sec. 1. 1812, ch. 135, sec. 1.

1. The species of coins which have been and which may be struck
off at the mint of the United States and the rates of foreign coins as
have been or shall be severally regulated and established by congress
shall be taken and recognized as the currency of this State.

This section does not affect the question of the right of a plaintiff to
recover the amount of money which in this country is equivalent to the
amount due in the country where the debt was made payable. Marburg v.
Marburg, 26 Md. 21.

This section, in connection with section 2, Is an express recognition of
"dollars and cents" as the currency of this state. Gardner v. State, 25 Md.
150.

Where a contract calls for payment in a certain currency, judgment should
be entered accordingly. This section applied. Chesapeake Bank v. Swain, 29
Md. 506.

Ibid. sec. 2. 1888, art. 29, sec. 2. 1860, art. 32, sec. 2.
1812, ch. 135, sec. 2.

2. All accounts in this State shall be expressed in dollars and cents;

and all accounts in the public offices and all proceedings in the courts

of this State shall be kept and had in conformity with this regulation.

This section, in connection with section 1, is an express recognition of

"dollars and cents" as the currency of this state. Gardner v. State, 25

Md. 150.

Ibid, sec. 3. 1888, art. 29, sec. 3. 1860, art. 32, sec. 3. 1806, ch. 41, sec. 5.

1812, ch. 135, sec. 3.

3. All judgments and decrees in suits and actions to be rendered
and passed in any court of law or equity or by any justice of the peace
in this State and all penalties, fines and forfeitures shall be rendered,
given, made or imposed in dollars and cents.

This section does not affect the question of the right of a plaintiff to
recover the amount of money which in this country Is equivalent to the
amount due In the country where the debt was made payable. Marburg v.
Marburg, 26 Md. 21.

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 811   View pdf image (33K)
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