Legal Opinion

Mackey v. Royal Bank

Appellate Terms of the Supreme Court of New York

Decided November 15, 1912PublishedCited by 1 opinion

Appeal by the defendant from a judgment of the Municipal Court of the city of, Rew York, borough of Manhattan, eighth district, rendered in favor of the plaintiff.

1Opinion of the CourtSeabury, J.

This action is brought under section 74, of chapter 10, of the Laws of 1909, being chapter 2 of the Banking Law, to recover cumulative penalties. The defendant is a banking corporation organized under the laws of the state of Rew York. The complaint alleges that on thirteen different occasions between April 1, 1910, and March 31, 1911, the plaintiff borrowed divers sums of money, ranging from twenty-five dollars up to seventy-five dollars; that the loans were usually for a period of one month, and that upon each occasion the plaintiff paid to the defendant more than *146six per cent interest per…

2Cases cited2 opinions

  1. Hintermister v. . First National BankNew York Court of Appeals · 1876
  2. Mackey v. Royal BankAppellate Terms of the Supreme Court of New York · 1912

3Cited by1 opinion

  1. Gunner v. E. R. Squibb & SonsCity of New York Municipal Court · 1934

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