Commonwealth v. Derstine

Opinion by

Me. Chief Justice Bell,

Defendant was convicted of a violation of the Small Loans Act, * Act of June 17, 1915, P. L. 1012, as amended, 7 P.S. §751 et seq. The lower Court dismissed defendant’s motions for a new trial and in arrest of judgment and imposed sentence. The Superior Court affirmed ** on the Opinion of the lower Court. We granted allocatur.

The case comes before us on a statement of facts which the parties agreed to, in lieu of testimony. Defendant made a cash loan of $200 to the private prosecutor for an executed judgment note for $220 with interest, payable within 30 days,…