Skinner v. Cederberg

Order dismissing report affirmed. After a finding for the plaintiff upon a demand note for $340, dated December 20, 1940, given him by the defendant, the defendant urged before the Appellate Division and before this court on appeal that the note was void because the agreed interest exceeded the rate allowed by G. L. (Ter. Ed.) e. 140, §§ 96-112. Cuneo v. Bornstein, 269 Mass. 232. That statute does not apply to loans exceeding $300, nor to loans made by a person who does not “directly or indirectly engage in the business of mating loans of three hundred dollars or less.” § 96. Goodowsky v.…