Legal Opinion
Watkins v. Pacific Finance Corp.
Appellate Division of the Supreme Court of the State of New York
Decided June 17, 1940PublishedCited by 5 opinions
1Per curiam
On May 27, 1938, plaintiff borrowed $301 from defendant’s assignor, for which he gave his note for $390, payable in monthly installments and secured by a chattel mortgage on his automobile. The note and mortgage, and a hazard agreement executed by the lender, were assigned to defendant, whose manager had full knowledge of the transaction. Defendant thereafter took possession of the automobile for non-payment of installments on the note and plaintiff sued defendant for the value of the automobile, plus the amounts he had paid on the note, alleging that the loan was usurious and that the taking…
2Cases cited9 opinions
- Equity Service Corp. v. AgullAppellate Division of the Supreme Court of the State of New York · 1937
- Gentilala v. Fay Taxicabs, Inc.New York Court of Appeals · 1926
- Caruso v. Metropolitan 5 to 50 Cent StoreAppellate Division of the Supreme Court of the State of New York · 1925
- Low v. Bankers Trust Co.New York Court of Appeals · 1934
- Clinton Trust Co. v. MahoneyAppellate Division of the Supreme Court of the State of New York · 1937
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3Cited by5 opinions
- Champion International Corp. v. Dependable Industries Corp.Appellate Division of the Supreme Court of the State of New York · 1975
- De Laurentis v. Seafarers Port O'Call Corp.New York Supreme Court · 1957
- Austrian v. Red Arrow Bonded Messenger Corp.New York Supreme Court · 1959
- Arnold v. Mayal Realty Co.Appellate Division of the Supreme Court of the State of New York · 1948
- Hutchins v. PhillipsAppellate Division of the Supreme Court of the State of New York · 1950