Laskowitz v. Getzowitz

Van Kirk, J.:

The defendants Israel Getzowitz and Jacob Forkos borrowed from the plaintiff a sum of money and gave to the plaintiff a bond and mortgage for the sum of $3,900, and provided for payment in three equal annual payments of $1,300, besides interest at six per cent. Default having been made, this action was begun to foreclose the mortgage. The defendants set up as a separate defense and as a counterclaim and in bar of the action, that the defendants negotiated a loan from plaintiff of $3,000, and plaintiff exacted from them therefor a bonus of $900, in addition to the lawful interest,…