Columbus Industrial Bank v. Miller

The plaintiff, an industrial bank organized and doing business under the provisions of General Statutes, Chapter 211, §§ 4031-4041 as amended, brought an action upon a promissory note against five makers. Two of the defendants filed an answer alleging that the plaintiff charged interest at the rate of more than 12 per cent, on the money loaned, and that the note was unenforceable because of usury. The case was tried to the court and judgment rendered in favor of these defendants, from which the plaintiff has appealed. In its assignments of error, the plaintiff claims certain corrections of…