Legal Opinion
Ferdon v. Zarriello Bros.
New Jersey Superior Court Appellate Division
Decided March 12, 1965PublishedCited by 2 opinions
1Opinion of the Court
Botter, J. S. C.
Plaintiffs have moved for summary judgment against defendant Anthony Zarriello on a promissory note. The defense is usury. It is conceded that the note was given in an amount which exceeded the moneys actually advanced at the time the loan was made, but plaintiffs contend that usury doesn’t apply because the excess was for past-due interest on a loan previously made by plaintiffs to the corporate defendant, Zarriello Bros. Inc.
In 1958 plaintiffs made a loan to Zarriello Bros. Inc. and received a note in the sum of $5,000, dated March 28, 1958, payable on demand, with interest…
2Cases cited19 opinions
- Sabine v. . PaineNew York Court of Appeals · 1918
- Keene v. BehanWashington Supreme Court · 1905
- Union Estates Co. v. . Adlon Construction Co.New York Court of Appeals · 1917
- Bishop v. Exchange BankSupreme Court of Georgia · 1902
- Valentine v. . ConnerNew York Court of Appeals · 1869
14 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Ferdon v. Zarriello Bros. Inc.New Jersey Superior Court Appellate Division · 1965
- Armin Corp. v. KullmanNew Jersey Superior Court Appellate Division · 1974