Legal Opinion

MacRackan v. . Bank

Supreme Court of North Carolina

Decided November 26, 1913PublishedCited by 15 opinions

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

  1. Townsend v. . WilliamsSupreme Court of North Carolina · 1895
  2. Doster v. . EnglishSupreme Court of North Carolina · 1910
  3. Miller v. Life Insurance Co.Supreme Court of North Carolina · 1896
  4. Peacock v. TerrySupreme Court of Georgia · 1850
  5. 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

  1. Kessing v. National Mortgage CorporationSupreme Court of North Carolina · 1971
  2. Dixon v. SharpSupreme Court of Florida · 1973
  3. Kawauchi v. TabataHawaii Supreme Court · 1966
  4. Ryan v. Motor Credit Co., Inc.New Jersey Superior Court Appellate Division · 1941
  5. River Hills, Inc. v. EdwardsDistrict Court of Appeal of Florida · 1966

10 more not listed; retrieve them via the Exa API.

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