People v. . Young
New York Court of Appeals
Appeal from an order of the Appellate Division of the Supreme Court in the fourth judicial department, entered November 13, 1912, which affirmed a judgment rendered at a Trial Term upon a verdict convicting the defendants of a violation of section 314 of the Banking Law in charging and receiving usurious interest upon a loan of money amounting to less than $200. The facts, so far as material, are stated in the opinion.
1Opinion of the CourtWillard Bartlett, J.
The defendants were indicted for a violation of section 314 of the Banking Law; that section is contained in article X, which was added to the statute in 1895, and is entitled “ Personal Loan Associations.” The article is restricted in its operation to such counties of the state as contain or are contained in an incorporated city, except the county of Monroe and the county of Westchester. It provides for the organization of corporations for the purpose of aiding persons in need of pecuniary assistance by loans of money not exceeding $200 upon the pledge or mortgage of personal property and…
2Cases cited3 opinions
- People v. . WilsonNew York Court of Appeals · 1897
- Perkins v. . SmithNew York Court of Appeals · 1889
- People v. . SchultzNew York Court of Appeals · 1912
3Cited by13 opinions
- Hammelburger v. Foursome Inn Corp.New York Court of Appeals · 1981
- People Ex Rel. Prince v. BrophyNew York Court of Appeals · 1937
- Hammelburger v. Foursome Inn Corp.Appellate Division of the Supreme Court of the State of New York · 1980
- Commonwealth v. PuderSuperior Court of Pennsylvania · 1917
- Jefferson Title & Mortgage Corp. v. DempseyNew York Supreme Court · 1934
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