Fisher v. Bidwell
Supreme Court of Connecticut
Assumpsit on a promissory note, of which the defendant was maker. The suit was brought on the 23d of November, 1853. The note was dated October 13, 1853, and was for the payment of $800 at the Bank of Hartford County in thirty days from date. The ease was tried on the general issue, closed to the court, with notice of the defense of usury.
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Assumpsit on a promissory note, of which the defendant was maker. The suit was brought on the 23d of November, 1853. The note was dated October 13, 1853, and was for the payment of $800 at the Bank of Hartford County in thirty days from date. The ease was tried on the general issue, closed to the court, with notice of the defense of usury. Upon the trial it appeared that the note was taken by the plaintiff for a loan made by him to the defendant, of $800, for thirty days, upon ten per cent, interest, which was deducted at the time of the loan. It also appeared that several payments had been…
1Opinion of the CourtStorrs, C. J.
The only question presented in this case is, whether in an action for the amount of a sum of money loaned for. a particular time on a contract for usurious interest, the plaintiff is by our law entitled as damages to interest computed according to the legal rate on such sum from the time when the credit for the loan expired to the rendition of the judgment. It is plain that, independently of any bearing of our statute of usury on this question, the plaintiff would not be entitled to interest as interest after the non-payment of such loan, either in that or any other case for money loaned on a…
2Cited by7 opinions
- Dickinson v. . EdwardsNew York Court of Appeals · 1879
- First Ecclesiastical Society v. LoomisSupreme Court of Connecticut · 1875
- Winsted Savings Bank v. Town of New HartfordSupreme Court of Connecticut · 1905
- Bowen v. BradleySuperior Court of Buffalo · 1870
- Hubbard v. CallahanSupreme Court of Connecticut · 1875
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