Davis v. Collins

Action on two promissory notes drawn and signed by the defendant in Virginia on November 25, 1919, payable one and two years after date, and mailed by him to the payee in Ohio, where they were received in regular course of mail. The notes were given for a good consideration and bear interest at seven per cent and provide for a ten per cent attorney’s fee. Before suit and after maturity the notes were assigned to plaintiff for the purpose of bringing suit. The defenses raised are usury, the Statute of Limitations, and the plaintiff is not the real party in interest.

The question of usury is…