Morrow Transfer Co. v. Robinson

1. Value, whether actual or as regulated by the market, is largely a matter of individual estimate or opinion, and liberality should be allowed in the introduction of testimony to prove value. There are many elements and tests of value. Proof of cost, condition of the property, when lost, value of similar property, prices at which similar-articles arc sold, uses to which the property is adapted, opinions of experienced dealers, in such property, and opinions of experts, all have more or less probative value; and, in short, any testimony, direct or circumstantial, which tends to throw light on…