Savings Bank of New-Haven v. Bates
Supreme Court of Connecticut
This was an action by the indorsee against the maker of a a promissory note. The cause was tried, under the general issue, with notice of the matters relied on for defence, at New-Haven, at an adjourned term in April 1830, before Bissell, J. The note in question was one for 500 dollars, signed by the defendant, dated the 2nd of September, 1825, and payable to William S. Rossiler, cashier of the Eagle Bank, or order, sixty days after date.
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This was an action by the indorsee against the maker of a a promissory note. The cause was tried, under the general issue, with notice of the matters relied on for defence, at New-Haven, at an adjourned term in April 1830, before Bissell, J. The note in question was one for 500 dollars, signed by the defendant, dated the 2nd of September, 1825, and payable to William S. Rossiler, cashier of the Eagle Bank, or order, sixty days after date. This note, on the day of its date, was discounted, by the Eagle Bank, and became the property of that corporation; the discount being computed according to…
1Opinion of the CourtBissell, J.
The questions in this case arise upon the charge of the judge on the circuit; and to this several exceptions have been taken.
1. It is contended, that upon the facts admitted in the case, the jury should have been charged, that the note in question was usurious.
It was admitted, on the trial, that the interest computed, or rather the discount deducted, on this note, was according to the interest tables of Rowlett. Whether this rendered the note usurious in its inception, is a question, which we do not feel called upon to decide; as we are clearly of opinion, that the defence of usury , if any…
2Cases cited4 opinions
- Inhabitants of Goshen v. Inhabitants of StoningtonSupreme Court of Connecticut · 1822
- Abbe v. GoodwinSupreme Court of Connecticut · 1829
- Roath v. SmithSupreme Court of Connecticut · 1823
- Trustees for Receiving Donations for the Support of the Bishop v. President of Eagle BankSupreme Court of Connecticut · 1829
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- Donegan & Tabor v. WoodSupreme Court of Alabama · 1873
- Curtis v. SmithSupreme Court of Connecticut · 1903
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