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Interesting case.

--The Court of Conciliation upon the last day of its session decided a principle of great importance. The case was that of Hunt against Sloat, in which the issue was, whether a check of the Confederate States Government given by a tenant to his landlord five days before the fall of Richmond, as payment for rent, and received as such, though it was never cashed by the Treasury — whether such a payment was valid.

The law on both sides was fully discussed by J. H. Gilmer and Harmer Gilmer, Jr., for the defendant, and R. T. Daniel for the plaintiff. The Court decided that the payment was not good.

The counsel for the defendant took an appeal to General Terry, who has stayed the execution of the judgment, and now has the important question under consideration.

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