Secrets of the Late Rebellion, Now Revealed for the First TimeFreese, Jacob R.
History
Secrets of the Late Rebellion, Now Revealed for the First Time
Freese, Jacob R.
United States -- Politics and government -- 1861-1865
"If the goods were sold at a public sale, the court could in no way
control the price, and a debtor's goods might be sold for one-half or
one-fourth of their real value; but by this procedure the debtor is sure
to receive about the fair value of the goods. The fact that the debtor
is absent (although a rebel to the government which this court in part
represents) makes us all the more careful to see that he shall have
exact justice; for, in all these cases, this court recognizes the
principles so ably stated by Bouvier, by Blackburn, and by others who
have written on the law of sales--1. That 'to constitute a sale, there
must be a price, which is the consideration given for the purchase of a
thing.' 2. That 'the price must be serious, or such a one as the seller
intends to require to be paid to him. As to the quantum of the price,
that is altogether immaterial, unless there has been fraud in the
transaction.' 3. That 'the price must be certain and determined, but
upon the maxim, id certum est quod reddi cerium potest, a sale may be
valid, although it is agreed that the price of the thing sold shall be
determined by a third person! 4. That 'the price must consist in a sum
of money which the buyer agrees to pay to the seller; for, if it be paid
in any other way, the contract is not a sale, but an exchange or barter.
But it is only requisite that the agreement should be for a payment in
money; in the sequel it may be changed, and the creditor may take goods
in payment, and the contract will still be a sale. It is not requisite
that the money should be paid down, either at the time of the sale or
the delivery of the goods; it may be upon a credit, or payable at a
future time. And, 5. That the consent of the contracting parties must be
obtained; by which consent is meant an agreement to something proposed.
It does not consist simply in a vague will to sell or to pay; it must
bear on all the conditions which may be suggested by the circumstances
of the case or imagined by the caprice of the contracting parties.'"
In this case, as in others, the court fixed upon the amount due the
claimants, appointed three commissioners to select and assess values to
goods to the amount of claim, supervised the report and schedule made,
gave order to the Provost-Marshal to deliver the goods; all of which
was done, and the New York merchant returned to his home, with the full
conviction that in one city at least, and in one court at least, justice
was administered without partiality, and without fear or favor of, or
to, any one.
Not only was the Judge's decision in this case published, as heretofore
stated, in the New York journals, but the newspapers all over the
country had more or less to say about it editorially--some favorable and
some unfavorable--the particulars of which and the results of which will
be more fully stated in the next chapter.
[Illustration: 267]
Public-domain text, read in full here on John Shaqi.
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