Legal Opinion

Thomas v. Knickerbocker Operating Co.

New York Supreme Court

Decided November 19, 1951PublishedCited by 8 opinions

1Opinion of the CourtDickstein, J.

This action was brought to have an installment promissory note secured by a chattel mortgage both cancelled and delivered to plaintiffs as well as for the recovery of all sums paid thereon. Plaintiffs claim that the note and chattel mortgage were based on a usurious transaction arising from the purchase of an automobile for which the plaintiffs were unable to pay cash and it is conceded that the difference between the cash price and the time-selling price is greater than 6% of the cash price. The figures are clearly and boldly set forth in the chattel mortgage agreement and it is admitted…

2Cases cited16 opinions

  1. The Dry Dock Bank v. . the American Life Ins. and Trust Co.New York Court of Appeals · 1850
  2. Meaker v. . FieroNew York Court of Appeals · 1895
  3. London v. ToneyNew York Court of Appeals · 1934
  4. McAnsh v. BlaunerAppellate Division of the Supreme Court of the State of New York · 1928
  5. Brooks v. . AveryNew York Court of Appeals · 1850

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3Cited by8 opinions

  1. Credit Alliance Corp. v. David O. Crump Sand & Fill Co.District Court, S.D. New York · 1979
  2. DeSimon v. Ogden AssociatesAppellate Division of the Supreme Court of the State of New York · 1982
  3. National Equipment Rental, Ltd. v. T. G. Stanley, Doing Business as Stanley's Drug StoreCourt of Appeals for the Second Circuit · 1960
  4. In Re General American Communications Corp.United States Bankruptcy Court, S.D. New York · 1986
  5. Solomon v. Van De MaeleAppellate Division of the Supreme Court of the State of New York · 1964

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