Riley v. Prudential Society, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment and order affirmed, with costs. Memorandum: The Ordinances of the City of Buffalo which regulate the business of pawnbrokers, so far as here material, read: “ No pawnbroker shall demand, take or receive any greater interest than the following rates of interest per month: 10% on sums from $1,00 to $10,00; 6% on *975sums from $10.00 to $25.00; 5% on sums from $25.00 to $50.00; 2%% on sums from $50.00 to $75.00; 1 %% on all sums over $75.00.” (Chap. XX, § 9.) The printed terms of defendant’s pawn ticket which set forth on the reverse side thereof the interest rates charged by defendant read…
2Cases cited2 opinions
- Smith v. HelmerNew York Supreme Court · 1849
- Stone v. JacobsonAppellate Division of the Supreme Court of the State of New York · 1939
3Cited by1 opinion
- Pomeranz v. MoreCity of New York Municipal Court · 1946