State v. Hurlburt
Supreme Court of Connecticut
Information for unlawfully charging interest on loans made by the accused at a greater rate than fifteen per cent per annum, brought to the Superior Court in Hartford County where a demurrer was overruled and the cause was afterward tried to the jury before Ralph Wheeler, J.; verdict and judgment of guilty, and appeal by the accused.
1Opinion of the CourtBaldwin, C. J.
By chapter 238 of the Public Acts of 1907, p. 838, no person or agent of any person, other than a national bank or a trust company chartered by this State, or a pawnbroker, “shall directly or indirectly loan money to any person and directly or indirectly charge, demand, accept, or make an agreement to receive therefor, interest at a greater rate than fifteen per centum per annum. The provisions of this section shall not apply to loans made to any national bank or any bank or trust company duly incorporated under the laws of this state, or to any bona fide mortgage of real or personal…
2Cases cited5 opinions
- Home Telephone & Telegraph Co. v. City of Los AngelesSupreme Court of the United States · 1908
- Heath & Milligan Manufacturing Co. v. WorstSupreme Court of the United States · 1907
- Norwich Gas & Electric Co. v. City of NorwichSupreme Court of Connecticut · 1904
- Morin v. NewburySupreme Court of Connecticut · 1906
- Hawley v. BristolSupreme Court of Connecticut · 1872
3Cited by27 opinions
- Rhodes v. City of HartfordSupreme Court of Connecticut · 1986
- Carozza v. Federal Finance & Credit Co.Court of Appeals of Maryland · 1925
- Waterbury Savings Bank v. DanaherSupreme Court of Connecticut · 1940
- In Re FullerCalifornia Supreme Court · 1940
- Ferrigno v. Cromwell Development AssociatesSupreme Court of Connecticut · 1998
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