COAL NOTE, Eng. law. A species of promissory note authorized by the st. 3 Geo. H., c. 26, SSSS 7 and 8, which, having these words expressed therein, namely, "value received in coals," are to be protected and noted as inland bills of exchange.
A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.