Althaus v. State

In a prosecution by the state in the district court for Douglas county, Jules Althaus was convicted of violating' the legislative enactment providing that “A rate of interest not exceeding one per cent, per month may be charged by agreement on loans not exceeding $250, made for a period of one year or less, where such loans are secured *781only by a chattel mortgage on household goods, musical instruments, wearing apparel, jewelry, diamonds, or by a deposit of personal property, or by an assignment of wages, credits, or dioses in action,” and providing penalties for exacting excessive interest…