Lacy v. Brown

Lacy made a note to Brown, in which was included a large amount of usurious interest. Brown sold and endorsed the note before due, in good faith, for a valuable consideration, to the First National Bank of Indianapolis. The bank collected the note from Lacy, by legal process. No defence was made.

This suit is brought by Lacy against Brown, the payee, to recover the illegal interest paid to the bank by him, as maker of the note.

A demurrer for want of facts was sustained and exception entered. The plaintiff' declined to amend, and final judgment was rendered against him, from which ho appeals to…