Monday, April 10, 2006

'In Meal or in Malt'

I love those magical little discoveries. I love how the ancient language of the law can truly bring a smile at the end of a long day. To wit, Drummond's Case (circa 1868), L.R. 4 Ch. 772, where Sir G.M. Giffard, L.J. said:
If a man contracts to take shares he must pay for them, to use a homely phrase 'in meal or in malt;' he must either pay in money or in money's worth. If he pays in one or the other, that will be satisfaction.


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