Contino v. Turello

The defendant indorser’s reasons of appeal support his claims that the note in suit was usurious, because: (1) the plaintiff payee had accepted the note for $6,000, being a larger amount than was loaned thereon, $4,950, and with intent to violate the provisions of General Statutes, § 4798 * and § 4799 † ; (2) the plaintiff demanded payment of the face of the note instead of the amount actually loaned, and with intent to violate General Statutes, § 4798. Further reasons of appeal are: (3) that plaintiff cannot maintain this action because in violation of and prohibited by § 4798 and § 4799,…