Grove v. Great Northern Loan Co.
North Dakota Supreme Court
Appeal from District Court, McHenry County; Goss, J. Action by Lehman M. Grove and J. Fultz against the Great Northern Loan Company. Judgment for defendant, and plaintiffs appeal. An instrument representing entirely a usurious' consideration is void. Section 5513, Revised Codes 1905; Ward v. Sugg, 24 L. R. A. 280; Brown v. Marion National Bank, 169 U. S. 416; McGee v. First Nat’l Bank of Tobias, 40 Neb. 92; Webb on Usury, 327, 357; Guthrie v. Reed, 107 Pa.
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Appeal from District Court, McHenry County; Goss, J. Action by Lehman M. Grove and J. Fultz against the Great Northern Loan Company. Judgment for defendant, and plaintiffs appeal. An instrument representing entirely a usurious' consideration is void. Section 5513, Revised Codes 1905; Ward v. Sugg, 24 L. R. A. 280; Brown v. Marion National Bank, 169 U. S. 416; McGee v. First Nat’l Bank of Tobias, 40 Neb. 92; Webb on Usury, 327, 357; Guthrie v. Reed, 107 Pa. St. 251; German Bank v. De Shon, 41 Ark. 331; Union Bank v. Gilbert, 83 Hun. 417; Gore v. Lewis, 13 S. E. 909; Exeter Nat’l Bank v.…
1Opinion of the CourtMorgan, C. J.
This is an action to set aside a sheriff’s deed issued pursuant to a foreclosure of a real estate mortgage by advertisement under a power of sale.
The complaint states the following facts: The plaintiff Grove was the owner of the land involved in said mortgage from September, 1903, until May, 1904, and in the latter month conveyed the same by a. warranty deed to Fultz, his co-plaintiff in this case. In September, 1903, and while said land was owned by Grove, he en*355■tered into negotiations with the defendant, under which it was agreed between them that the defendant would furnish said Grove with…
2Cases cited19 opinions
- Oates v. National BankSupreme Court of the United States · 1879
- Haseltine v. Central Bank of SpringfieldSupreme Court of the United States · 1901
- Curtis v. . MooreNew York Court of Appeals · 1897
- Merchants Exchange National Bank v. Commercial Warehouse Co.New York Court of Appeals · 1872
- Beach v. OsborneSupreme Court of Connecticut · 1902
14 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- S & G Investment Inc. v. Home Federal Savings and Loan AssociationCourt of Appeals for the D.C. Circuit · 1974
- Kansas City Life Ins. Co. v. HudsonCourt of Appeals of Texas · 1934
- Bailey v. HendricksonNorth Dakota Supreme Court · 1913
- First National Bank v. PaulsonNorth Dakota Supreme Court · 1939
- Hardin v. Grenada BankMississippi Supreme Court · 1938
12 more not listed; retrieve them via the Exa API.