Continental Finance Corp. v. Warren

Pee Curiam.

The action was by the plaintiff, a small loan company licensed under chapter 49 of the laws of 1914, to recover on a promissory note made March 7th, 1928,- for $150 with interest at three per cent, per month. There was judgment for the plaintiff on a trial in the Birst District Court of Hudson county and the defendant appeals.

It was contended by the defendant in the court below and is contended here that the plaintiff was carrying on business in violation of the statute quoted without having first obtained a renewal of its license from the department of banking and insurance and…