Wales v. Webb
Supreme Court of Connecticut
This was an action on a bond, executed by the defendant, on the 20th of January, 1817, for 369 dollars, payable to the plaintiff and Sarah Wales, since deceased; tried at Brooklyn, January Term, 1823, before Brainard, J. On the 26th of November, 1812, Samuel Webb agreed with the plaintiff, Sally Wales, and Sarah Wales, for a loan of 250 dollars; and for the loan and forbearance thereof, he agreed to pay them three dollars per month.
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This was an action on a bond, executed by the defendant, on the 20th of January, 1817, for 369 dollars, payable to the plaintiff and Sarah Wales, since deceased; tried at Brooklyn, January Term, 1823, before Brainard, J. On the 26th of November, 1812, Samuel Webb agreed with the plaintiff, Sally Wales, and Sarah Wales, for a loan of 250 dollars; and for the loan and forbearance thereof, he agreed to pay them three dollars per month. He also agreed to deliver them a note, signed by himself and Nathaniel Webb, for said sum and the interest. These stipulations were complied with; and the…
1Opinion of the Court
Hosmer, Ch. J.
Samuel Webb made to the plaintiff and Sarah Wales, deceased, a promissory note, on an usurious consideration. The defendant, entirely unacquainted with the illegal transaction, on the request of the said Samuel, executed to the plaintiff, the bond in suit, in satisfaction of the preceding note, on his promise to pay the defendant the amount thereof, which payment he afterwards made, pursuant to the said promise. Whether the above bond is usurious, is the question presented for the determination of the Court.
If the contract was made on an usurious consideration, the ignorance of…
2Cases cited7 opinions
- Bridge v.HubbardMassachusetts Supreme Judicial Court · 1818
- Bearce v. BarstowMassachusetts Supreme Judicial Court · 1812
- Sherwood v. BurrSupreme Court of Connecticut · 1810
- Townsend v. BushSupreme Court of Connecticut · 1814
- Botsford v. SanfordSupreme Court of Connecticut · 1817
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Bullock v. BoydNew York Court of Chancery · 1840
- Morgan v. TiptonU.S. Circuit Court for the District of Indiana · 1844