Means v. Anderson

The note in this case calls for the payment of $25 with interest at the rate of ten per cent, a month in advance till the principal is paid and interest on all installments of interest in arrear at the same rate till paid. If the contract had been that embodied in the note, we think that it would fall within the class of deceptive and unconscionable contracts which a court of equity will not' enforce or uphold. Brown v. Hall, 11 R. I. 249 ; 27 Amer. & Eng. Encyc. of Law, 121, 1036, and notes. The complainant, however, testifies that the contract was merely for the loan of S25 for one month…