Walker v. Lovitt
Illinois Supreme Court
Appeal from the Circuit Court of Pike county; the Hon. Harry Higbee, Judge, presiding.
1Opinion of the CourtJustice Dunn
To an action on a promissory note the appellee set up the defense of usury as to all except a certain amount which was tendered to the plaintiff. The note, on its face, bore eight per cent interest, to be compounded annually if not paid annually. The note was dated Louisiana, Missouri, and was payable generally. The payee was a citizen and resident of Missouri and the appellee a citizen and resident of'Illinois. The rate of interest was lawful in Missouri. The note was secured by a mortgage on real estate in Illinois, and the appellee contends that by virtue of section 8 of chapter 74 of…
2Cases cited11 opinions
- Allgeyer v. LouisianaSupreme Court of the United States · 1897
- De Wolf v. JohnsonSupreme Court of the United States · 1825
- Andrews v. PondSupreme Court of the United States · 1839
- Coghlan v. South Carolina RailroadSupreme Court of the United States · 1891
- Fowler v. Equitable Trust Co.Supreme Court of the United States · 1891
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3Cited by26 opinions
- Jeffrey T. Palmer v. Beverly Enterprises, a California CorporationCourt of Appeals for the Seventh Circuit · 1987
- Oakes v. Chicago Fire Brick Co.Illinois Supreme Court · 1944
- Reighley v. Continental Illinois National Bank & Trust Co.Illinois Supreme Court · 1945
- Franknel v. Allied Mills, Inc.Illinois Supreme Court · 1938
- International Merchandising Associates, Inc. v. Lighting Systems, Inc.Appellate Court of Illinois · 1978
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