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Collins v. Hubbard

Supreme Court of Connecticut

Decided January 15, 1792

Supreme Court of Connecticut · decided 1792-01-15

<p>The value of public securities are to be estimated at the time when payable, if no time is set, then they are dire presently and that is the time to estimate them.</p>

Decided 1792-01-15

By the Court.

¶1The value of securities is to be taken at the time when they are made payable, if any time is given for payment — but where no time is given, they are due presently; in that case the value is to be estimated at the time of the contract and the jury found accordingly upon second consideration.

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