Anonymous

Superior Court of North CarolinaJan 1, 1799
1 N.C. 161 (N.C. Super. 1799)

Spring Term, 1799.

Damages cannot be claimed under the Act of 1796 (see 1 Rev. Stat., ch. 13. sec. 8), on a bill which has not the words "for value received".


This was an action upon a bill of exchange drawn in this State upon a person resident in Philadelphia, and protested for nonpayment; it had not the words "for value received," and

By the Court.

The plaintiff is not entitled to the ten per cent (162) damages under the Act of 1796, cap. 22, by reason of the omission of these words.