United States of America v. $124,700 in U.S. Currency, 458 F.3d 822 (8th Cir. 2006), was a decision of the United States Court of Appeals for the Eighth Circuit that was handed down on August 18, 2006. The form of the styling of this case— the defendant being an object, rather than a legal person—is because this is a ...
P. 294 U. S. 324. 2. A gold certificate certifying that there have been deposited in the Treasury of the United States a stated number of dollars payable to the ... claimant delivered the gold certificates to defendant under protest and received in exchange currency of the United States in the sum of $106,300 which was not ...
P. 294 U. S. 348. 2. The Joint Resolution of June 5, 1933, insofar as it undertakes to nullify such gold clauses in obligations of the United States and provides that such obligations shall be discharged by payment, dollar for dollar, in any coin or currency which at the time of payment is legal tender for public and private debts, ...
Jan 4, 2011 ... There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private ... Both United States Notes and Federal Reserve Notes are parts of our national currency and both are legal tender.
From the colonies to the 21st century, this interactive timeline shows the history of American money. ... Paper currency in the United States is born, issued by the Massachusetts Bay Colony to fund military expeditions. ... Congress authorizes a new class of currency, known as “United States notes,” or “Legal Tender notes.