Paul v. Mayor of New York

Citations

• 7 Daly 144

Syllabus

<p>The Corporation of the city of New York is not liable to pay interest on interest-bearing claims against it for the period between the time when by their terms they become due and the time when payment is demanded; and the rule as to a private debtor, that to stop interest lie must seek and make tender to his creditor,, does not apply to a municipality</p>