244 The Farmer^!!, Business Handbook 



one-cent piece, are legal tender up to the amount 

 of twenty-five cents only. Therefore, if any one 

 choose to be technical, he may refuse to receive 

 more than these amounts in such coins and thus 

 prevent the discharge of an obligation. 



Upon the question of the necessity of tender- 

 ing exact change, we need only to note that a 

 person who is under obligation to pay a certain 

 sum must, as a usual thing, tender the exact 

 amount, and cannot compel the creditor to make 

 change. There have been some interesting cases 

 upon tender of fare to street -car companies, it 

 having been held in one of the western states 

 that it is not unreasonable to ask a street - car 

 conductor to take a five -cent fare out of a five- 

 dollar gold -piece, while in New York it has been 

 held that a rule established by a company that 

 it will not make change from a bill larger in 

 amount than two dollars, is a reasonable rule, 

 and may be enforced by the company. The true 

 rule is that a street -car company may be com- 

 pelled to make change up to any reasonable 

 amount; and the same rule undoubtedly applies 

 to railroad companies. The government has 

 adopted a rule that it will not make change for 

 postage stamps unless it finds it convenient to 

 do so, thereby retaining the privilege of refusing 

 to make change at any time when its convenience 

 warrants the refusal. 



