When a debtor tenders the amount due to his creditor and the creditor refuses to accept, the debt is not discharged, but if the debtor is subsequently sued for the debt and continues willing and ready to pay, and pays the amount tendered into court, he can recover his costs in the action.
Not only are the load and speed increasing, but the distances run without a stop are increasing also, and to avoid increasing the size of the tenders, water-troughs, first instituted by J.
When after the end of the war the question of financial readjustment came up, he vigorously opposed Secretary Hugh McCulloch's policy of retiring the legal tenders, and urged a different plan for effecting the resumption of specie payments.
There are small silver and copper coins, which are legal tenders for amounts not exceeding two dollars and one dollar respectively.
Tenders were strictly enforced in letting government property and contracts; a largely increased revenue was applied on water supply, drainage and other works.
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