Legal Opinion
Kramer v. McCormick
Court of Special Appeals of Maryland
Decided May 14, 1984No. 1263, September Term, 1983PublishedCited by 7 opinions
1Opinion of the Court
LOWE, Judge.
—prologue—
Literally, if not historically, money lending has not been an industry held in the highest esteem. Historians have demeaned such lenders, 1 playwrights have derided them. 2 It is at best a chancy business; at worst it can be dangerous. Public concern is reflected by its unique posture as the only industry constitutionally controlled absent legislative limitations. The Md. Const. Art. Ill, § 57 states that
“[t]he Legal Rate of Interest shall be Six per cent, per annum; unless otherwise provided by the General Assembly.”
The General Assembly has tried to keep up with the…
2Cases cited18 opinions
- Grantham v. Board of County CommissionersCourt of Appeals of Maryland · 1968
- Tasea Investment Corp. v. DaleCourt of Appeals of Maryland · 1960
- Mutual Benefit Society of Baltimore, Inc. v. HaywoodCourt of Appeals of Maryland · 1970
- Baltimore Luggage Co. v. LigonCourt of Appeals of Maryland · 1955
- Ventresca v. Weaver BrothersCourt of Appeals of Maryland · 1972
13 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Government Employees Insurance v. RopkaCourt of Special Appeals of Maryland · 1988
- Alban Tractor Co. v. WillifordCourt of Special Appeals of Maryland · 1984
- J.T. Masonry Co. v. Oxford Construction Services, Inc.Court of Special Appeals of Maryland · 1988
- ESTIME v. KingCourt of Special Appeals of Maryland · 2010
- Ruby v. StateCourt of Special Appeals of Maryland · 1998
2 more not listed; retrieve them via the Exa API.