MacRackan v. . Bank
Supreme Court of North Carolina
1Opinion of the Court
CLARK, C. J., files concurring opinion; ALLEN and BROWN, JJ., dissenting opinions. Action to recover the penalty under Revisal, sec. 1951, for knowingly charging and receiving from plaintiff a greater rate of interest than allowed by law, namely, 8 per cent interest on a note for $3,000.
The jury returned the following verdict:(25) 1. Did the defendant knowingly take and receive from the plaintiff on the $3,000 note a greater rate of interest than 6 per cent per annum from 9 February, 1912? Answer: Yes.
2. If so, what amount of interest was paid on said note from 9 February to 30 May, 1912?…
2Cases cited11 opinions
- Townsend v. . WilliamsSupreme Court of North Carolina · 1895
- Doster v. . EnglishSupreme Court of North Carolina · 1910
- Miller v. Life Insurance Co.Supreme Court of North Carolina · 1896
- Peacock v. TerrySupreme Court of Georgia · 1850
- Rowland v. Old Dominion Building & Loan Ass'nSupreme Court of North Carolina · 1894
6 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Kessing v. National Mortgage CorporationSupreme Court of North Carolina · 1971
- Dixon v. SharpSupreme Court of Florida · 1973
- Kawauchi v. TabataHawaii Supreme Court · 1966
- Ryan v. Motor Credit Co., Inc.New Jersey Superior Court Appellate Division · 1941
- River Hills, Inc. v. EdwardsDistrict Court of Appeal of Florida · 1966
10 more not listed; retrieve them via the Exa API.