José Eligio Muñoz' issue of 1876
On 5 August 1876 the Porfirista Angel Trias appointed José Eligio Muñoz interim governor of the stateMuñoz (1819-1891) was a lawyer and founder of various newspapers. He held a succession of offices such as Secretario de Gobierno, Deputy, Juez de Distrito, Jefe Político of Iturbide canton, and Magistrado fiscal of the Supreme Court. Eight days later Muñoz authorised an issue of paper money, nominally guaranteed by the rebellion, to pay for the costs of war[text needed]. The issue, put into circulation by the Jefatura de Hacienda, was in two denominations, five and fifty pesos, and achieved a total of 67,695 pesos. They are described as notes (billetes)El Guardia Nacional, 19 April 1877 or chits (vales) payable to bearer and drawn on the State Treasurer, to be accepted as legal tender in payment of any tax (al portador contra el Tesorero del Estado á ser recibidos como moneda corriente en pago de todo impuesto, sea de exportación, de importación, contribuciones y derechos municipales)El Guardia Nacional, 24 May 1877.
Although the Porfiristas were ultimately victorious elsewhere in Mexico, they were defeated in Chihuahua and driven out of the state capital. The notes were then declared worthless and when the unissued remainders were stolen from the Juzgado de Distrito in April 1877, Muñoz declared them all null and void. The holders of the few notes still in circulation had eight days to present them to the Administracion General de Rentas, where, if they could prove their provenance, they would receive a certificado. The notes themselves would be cancelledEl Guardia Nacional, 19 April 1877.
The original notes were:
Juez de Distrito José Hierro received the following, which will have included the ones stolen:
The Jefatura Política received the other $25,000 and issued $18,735 to Melchior de la Garza and $6,265 to other creditors. Of the latter, $4,160 was redeemed by certificados, viz.
so $2,105 was outstandingEl Guardia Nacional, 24 May 1877.