Legal Opinion
Randall v. Home Loan & Investment Co.
Wisconsin Supreme Court
Decided January 20, 1944PublishedCited by 9 opinions
1Opinion of the CourtMartin, J.
It is conceded that the regular interest rate on the $800 loan was nine and eight-tenths per cent per annum. If the penalty of one per cent on defaulted monthly instalments must be considered as interest, then the total interest on the loan exceeded the maximum rate provided in sec. 115.05, Stats., to the extent of $13.02. Said section provides :
“Maximum rate. No person, company or corporation shall, directly or indirectly, take or receive in money, goods, or things in action, or in any other way, any greater sum or any greater value, for the loan or forbearance of money, goods, or things in…
2Cases cited7 opinions
- Lloyd v. ScottSupreme Court of the United States · 1830
- Diehl v. . BeckerNew York Court of Appeals · 1919
- Sumner v. . the PeopleNew York Court of Appeals · 1864
- Friedman v. Wisconsin Acceptance Corp.Wisconsin Supreme Court · 1927
- Fisher v. OtisWisconsin Supreme Court · 1850
2 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- State v. J. C. Penney Co.Wisconsin Supreme Court · 1970
- Cantrell v. Walker Builders, Inc.Court of Civil Appeals of Alabama · 1996
- Zang v. SchumannWisconsin Supreme Court · 1952
- Roll Ex Rel. Ralph D. Kaiser Co. v. Rothenberg (In Re Rothenberg)District Court, District of Columbia · 1996
- Opinion No. Oag 29-76, (1976), Wisconsin Attorney General Reports1976
4 more not listed; retrieve them via the Exa API.