Legal Opinion

Haldeman v. Massachusetts Mutual Life Insurance

Appellate Court of Illinois

Decided August 26, 1886Published

In error to the Circuit Court of McLean County; the Hon. O. T. Reeves, Judge, presiding.

1Opinion of the CourtWall, J.

The principal question in this case is whether the transaction disclosed a violation of the statute against usury.

It appears that Tillotson and Waite and Tillotson and Fell were engaged in the business of insurance agents and loan brokers in the city of Bloomington. The appellee, an insurance company whose home office is in the State of Massachusetts, made these men their agents for insurance at Bloomington and frequently furnished them with money to be loaned in that locality.

It was customary for one wishing to borrow money to make an application containing the necessary information as to…

2Cases cited8 opinions

  1. Dunn v. RodgersIllinois Supreme Court · 1867
  2. Hoyt v. Pawtucket Institution for SavingsIllinois Supreme Court · 1884
  3. Ballinger v. BourlandIllinois Supreme Court · 1877
  4. Boylston v. BainIllinois Supreme Court · 1878
  5. Phillips v. RobertsIllinois Supreme Court · 1878

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