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Knight v. Reese

U.S.
Jan 1, 1792
2 U.S. 182 (1792)

Opinion

SEPTEMBER TERM, 1792.


C HARLES KNIGHT, father of the plaintiff, put out £ 200 at interest, to be divided among his four children, at their mother's death. The defendant was one of the trustees named in the bond, and had received the money on the widow's decease. The only question was, whether interest should be paid from the time he received it.

BY THE COURT: — Interest is not to be paid by a mere trustee, for the money which he holds for the use of another, unless he neglects to pay it on demand. As there is no proof of demand in this case, it must be calculated only from the commencement of the action.


Summaries of

Knight v. Reese

U.S.
Jan 1, 1792
2 U.S. 182 (1792)
Case details for

Knight v. Reese

Case Details

Full title:KNIGHT versus REESE

Court:U.S.

Date published: Jan 1, 1792

Citations

2 U.S. 182 (1792)