Cameron v. Fraser

This action is to recover on a promissory note which was given to renew a prior promissory note originally given for money loaned. The defense is usury. The complaint, in addition to the usual allegations pertinent to such an action, contains additional and unnecessary allegations, which epitomized briefly are in effect that at the time of the delivery of the original note the defendants received the plaintiffs’ checks aggregating the amount of such note, and also promised to issue to each of the plaintiffs five shares of the capital stock of the American Ball Trap Company of one hundred…