Miller v. Reading

Opinion by

Mr. Justice Horace Stern,

We adopt the plaintiff-appellant’s statement of the question involved as follows: “In an action of assumpsit to recover the principal and interest on a municipal improvement bond which purports to be payable solely out of assessments limited to certain properties, where the parties expressly stipulate in a case stated that by reason of the city’s negligent failure to collect the assessments the full amount of the bond became due and payable as of a certain date, is not the plaintiff holder of the bond entitled to interest from such date at the legal rate of…