Burque v. Brodeur

No argument having been presented by the defendant in support of his exception to the overruling of his demurrer it is assumed that all objections to the form of proceeding and to the sufficiency of the pleadings have been waived and we proceed at once to a consideration of the merits of the case.

At the time of the transactions here involved the defendant was licensed to do business under the terms of the small loans act (P. L., c. 269). The essential provisions of this act are (1) that only licensees are permitted to charge more than 6% interest upon loans of $300 or less (s. 1); (2) that…