Nashville Bank v. Hays
Tennessee Supreme Court
This cause was argued by Mr. G. S. Yerger lor the plaintiff in error, the Nashville Bank, and by Mr. W. L. Brown for the defendants; — the facts of the case are fully stated in the opinions of the judges.
1Opinion of the Court
Catron, Judge.
This action was brought upon a promissory note, (and the endorsements thereon) made by Edmund Lanier to the Bank, on the 4th day of October 1820, for $5000, due sixty days after date in the ordinary form, endorsed by F. Grundy, Andrew Hays and O. B. Hays, the defendant. The note sued on was a renewal of a note for the same amount, given by E. Lanier to the Bank the 24th November 1819, endorsed by the parties aforesaid.
It is contended the first note was usurious; so the jury *244found in the Circuit Court, and deducted the excess according to the statute of 1819, ch. 32.
The first…
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