Law suit payment

BIG RUH

Member
Local man was sued and lost. Owed payment of $500,000. In protest, he paid $150,000 in quarters and the rest in cash. 4 tons of quarters. He wanted to pay with pennies but Federal Reserve said not going to happen. Quarters were delivered to law firm that represented the winner in the law suit.
 
Gotta love it!

I once heard about a fellow who came out on the losing end of a divorce. He made his monthly alimony payments with pennies-in a big jar of molasses.

On a lighter side, my father once told a story passed down to him about a man who bought a brand new Model T Ford, and dumped a big can of nickels onto the salesman's desk. After the nickels were counted, the number was right--down to the nickel.
 
He showed them huh???? Unfortunately for him and fortunately for the winner, FIVE HUNDRED THOUSDAND DOLLARS was a lot of money he paid REGARDLESS of the choice of currency. The winner was probably still laughing ALL THE WAY TO THE BANK outside of some minor exhaustion from lugging all that weight lol Far as I know US currency, paper or coin, is still LEGAL TENDER so its offer would satisfy a judgment REGARDLESS of its form.........

Those make for fun stories and lore

John T
 
Sounds like a waste of sorghum to me. I woulda put the pennies in something else and put the molasses over some biscuits
 
He probably estimated the lawyers cut of the take at about that amount, hence the quarters to the lawyers (who were the ones he hated the most), cash to the lawsuit winner.

Sadly, I think he underestimated the lawyer's cut.
 
(quoted from post at 11:33:06 08/04/13) He showed them huh???? Unfortunately for him and fortunately for the winner, FIVE HUNDRED THOUSDAND DOLLARS was a lot of money he paid REGARDLESS of the choice of currency. The winner was probably still laughing ALL THE WAY TO THE BANK outside of some minor exhaustion from lugging all that weight lol Far as I know US currency, paper or coin, is still LEGAL TENDER so its offer would satisfy a judgment REGARDLESS of its form.........

Those make for fun stories and lore

John T

I dont think anybody was laughing, much less all the way to the bank. The lawsuit was the result of a car accident that killed 1 and injured 3. This payment is to move insurance money from the dead kids (15 yo) estate to the other injured parties.

http://thesouthern.com/news/local/got-some-change/article_cf2ad0aa-fa65-11e2-ab22-0019bb2963f4.html
 
There used to be a local guy here in Southern Illinois who was in the juke box/pinball machine business. He was a rough character. He had a dispute over some property taxes and the Board of Review went against him, so he came into the courthouse with bags of change to pay the disputed amount, about five minutes before quitting time. A ruckuss ensued, and the sheriff looked in to see what all the shouting was about. Then they got a judge involved. Judge said the coins were legal tender, and they had to either take the guy's word for the value of the coins, or stay and count it in his presence. They stayed and counted it. It was the correct amount. The sad part about the tax dispute - the assessor's office was who he was mad at, but the treasurer's office was who had to count the coins.

The same guy bought new vehicles like that at the local Ford dealer, but the dealer didn't mind the sacks of coins at all.
 
Just goes to show how greedy "we" have become.
I know this man lost his son and that's something I wish on no one.
But he collected 2.1 million dollars and is pizzed to give 1/4 of
that back to the folks who's insurance paid $900K of it.
It makes me wonder what he's most concerned with losing.
Especially 12 years later. A sad story all around.
 

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