Legal Opinion

Egbert v. Peters

Supreme Court of Minnesota

Decided June 25, 1886PublishedCited by 6 opinions

Appeal by defendants from an order of the district court for Stevens county, Brown, J., presiding, refusing a new trial.

1Opinion of the CourtMitchell, J.

This action was brought upon a promissory note for $200, with interest at 10 per cent, per annum. The defence was usury. The answer alleges that, at the time of the making of the note, it was corruptly, and contrary to the statute, agreed by and be*313tween the parties in this action that, for the loan and forbearance of $190, said defendants should pay, and plaintiff should receive, a greater rate of interest than $10 for $100 for one year, to wit, the sum of 10 per cent, per annum, and the additional sum of ten dollars as a bonus, so called; and that this promissory note was executed in…

2Cases cited3 opinions

  1. Morton v. . ThurberNew York Court of Appeals · 1881
  2. Guggenheimer v. . GeiszlerNew York Court of Appeals · 1880
  3. McFarland v. State BankSupreme Court of Arkansas · 1842

3Cited by6 opinions

  1. Midland Loan Finance Co. v. LorentzSupreme Court of Minnesota · 1941
  2. Patterson v. WymanSupreme Court of Minnesota · 1919
  3. Barry v. ParantoSupreme Court of Minnesota · 1906
  4. Strickland v. First State Bank of BalatonSupreme Court of Minnesota · 1925
  5. Linne v. RonkainenSupreme Court of Minnesota · 1949

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