McGee v. Long
Supreme Court of Georgia
Interest and usury. Promissory notes. Evidence. Practice. Before Judge Gustin. Crawford superior court. October term, 1888. J. A. and J. B. Long and W. J. Newberry, as executors of Alford Long, sued W. J. McGee for $1,243.24, with interest, on six promissory notes, payable to Alford Long or bearer.
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Interest and usury. Promissory notes. Evidence. Practice. Before Judge Gustin. Crawford superior court. October term, 1888. J. A. and J. B. Long and W. J. Newberry, as executors of Alford Long, sued W. J. McGee for $1,243.24, with interest, on six promissory notes, payable to Alford Long or bearer. These notes were all signed on the first day of March, 1881; were for “value received”; were each for $207.20, except one which was for $207.24; and were each due one day after date. Upon one of them there were credits of $69 April 1, 1882, and of $31.95 January 1, 1883. The defendant pleaded…
1Opinion of the Court
Bleckley, Chief Justice.
1 The action was by executors, upon several promissory notes payable to their testator or bearer, dated March 1st, 1881, and due one day after date. To the plea of the general issue, the defendant added a special plea by amendment, setting up that the consideration of the note was illegal, because consisting in large part of usury. The special plea then entered into particulars as to how the contract for usury arose out of a loan made to him by the testator in 1871, specifying the fate of interest agreed upon, and the amount of usury that had accrued up to the date of…
2Cases cited1 opinion
- Archer v. McCraySupreme Court of Georgia · 1877
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- Quinn v. First National BankCourt of Appeals of Georgia · 1910
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