Lee v. Peckham
Wisconsin Supreme Court
APPEAL from tbe Circuit Court for Milwaukee County. This was an appeal by the plaintiffs in the action from a judgment in favor of the defendant. The facts will sufficiently appear from the statements made in the opinion of the court.
1Opinion of the Court
By the Court,
Cole, J.
This is an equitable action brought for the purpose of setting aside two judgments which were entered upon notes and warrants of attorney, and to have the notes declared void on the ground of usury. The material facts of the case are these: In June, 1857, the appellants borrowed of Peckham the sum of twelve hundred dollars, *384giving tbeir note for the amount with legal interest, payable in sixty days from date, but agreeing in fact to pay interest at the rate of twenty-four per cent, per annum. When the note became due, they gave a new note for the same amount and rate of…
2Cases cited2 opinions
- De Wolf v. JohnsonSupreme Court of the United States · 1825
- Wood v. LakeWisconsin Supreme Court · 1860
3Cited by12 opinions
- Clarke v. Lincoln Lumber Co.Wisconsin Supreme Court · 1884
- Hartford Fire Ins. Co. v. Galveston, H. & S. A. Ry. Co.Texas Commission of Appeals · 1922
- Laun v. Pacific Mutual Life InsuranceWisconsin Supreme Court · 1907
- Jordan v. HumphreySupreme Court of Minnesota · 1884
- State ex rel. Ornstine v. CaryWisconsin Supreme Court · 1905
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