Legal Opinion

Agostini v. Colonial Trust Co.

Court of Chancery of Delaware

Decided March 2, 1944PublishedCited by 7 opinions

1Opinion of the Court

Pearson, Vice-Chancellor:

Complainants ask for an injunction ordering defendant to accept a sum tendered by them in satisfaction of their obligation under a note or loan agreement, bond and mortgage. By. the demurrer, several questions are raised. The principal dispute is whether the interest called for by the loan agreement exceeds that permitted by Delaware statutes, and if so, whether defendant should be directed to accept the sum tendered in payment.

On July 19, 1941, complainants executed a document purporting to be a promissory note or loan agreement, the pertinent parts of which read as…

2Cases cited12 opinions

  1. Darling Apartment Co. v. SpringerSupreme Court of Delaware · 1941
  2. New York Firemen Insurance v. ElyNew York Supreme Court · 1824
  3. Nigro v. FlinnSuperior Court of Delaware · 1937
  4. Branch Bank at Mobile v. StrotherSupreme Court of Alabama · 1848
  5. State v. Bankers Finance Corp.New York Court of General Session of the Peace · 1942

7 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. Promenade Towers Mutual Housing Corp. v. Metropolitan Life InsuranceCourt of Appeals of Maryland · 1991
  2. Hunter v. Greenwood Trust Co.New Jersey Superior Court Appellate Division · 1994
  3. Agostini v. Colonial Trust Co.Court of Chancery of Delaware · 1944
  4. Platsis v. DiafokerisCourt of Special Appeals of Maryland · 1986
  5. Agostini v. Colonial Trust Co.Court of Chancery of Delaware · 1945

2 more not listed; retrieve them via the Exa API.

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