Legal Opinion

Pardoe v. Iowa State National Bank

Supreme Court of Iowa

Decided October 14, 1898PublishedCited by 10 opinions

Appeal from Woodbury District Gourt. — Hon. Scott M. Ladd, Judge. Action at law to recover for money alleged to have been paid as usurious interest. There was a trial by the court without a jury, and a judgment for the plaintiff, from which he appeals.

1Opinion of the CourtBobinson, J.

*3471 *346I. The defendant is an association duly organized and doing business under and by virtue of the laws of the United States which relate to national banks. On the first day of August, 1892, it loaned to the plaintiff two thousand nine hundred and twenty-two dollars and fifty cents, and received therefor his promissory note for three thousand dollars, payable ninety days after its date, without interest before maturity. The difference between the face of the note and the amount of money paid to the plaintiff, or seventy-seven dollars and fifty cents, was retained as interest on the loan, making…

2Cases cited9 opinions

  1. Tiffany v. National Bank of Mo.Supreme Court of the United States · 1874
  2. Barnet v. National BankSupreme Court of the United States · 1879
  3. Lodge v. WeldMassachusetts Supreme Judicial Court · 1885
  4. Loos ex rel. Loos v. John Hancock Mutual Life InsuranceSupreme Court of Missouri · 1867
  5. Miller v. ClarkeSupreme Court of Iowa · 1873

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3Cited by10 opinions

  1. Health Care Equalization Committee v. Iowa Medical SocietyDistrict Court, S.D. Iowa · 1980
  2. Esposti v. Rivers Brothers, Inc.California Supreme Court · 1929
  3. Bochicchio v. PetrocelliSupreme Court of Connecticut · 1940
  4. Peterson v. BallCalifornia Supreme Court · 1931
  5. Fenby v. HuntWashington Supreme Court · 1909

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