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Turner v. Tuttle

Supreme Court of Connecticut

Decided January 15, 1792

Supreme Court of Connecticut · decided 1792-01-15

<p>Tlie seller of a public security runs tlie- risk of its being true and genuine, especially if lie affirms it to be such.</p>

Decided 1792-01-15

¶1Judgment — Motion insufficient, and for the plaintiff to recover. The value of public securities is considered as a matter of public notoriety, equally in the knowledge of the buyer as the seller; but the genuineness of them is not so, nor could it be found out in this case, without much time, pains and cost; the seller in such cases takes the risk upon himself and is responsible.

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