Irving v. Iron Belt Building & Loan Ass'n
West Virginia Supreme Court
Appeal from Circuit Court, Kanawha County. Bill by A. H. Irving against the Iron Belt Building & Loan Association and others. Decree for plaintiff, and defendant association appeals.
1Opinion of the Court
Miller, Judge:
This is another of the numerous cases, calling for construction of the contracts by foreign building associations with citi*350zens of this state, which have been before us in recent years. The main question in all of them has been whether the character of the contract, providing for a premium above the legal rate of interest, has rendered it usurious as a building association contract. Many of them have been held usurious and enforcible only as simple loans. The last of these cases is Miller v. Banking & Trust Co., decided at the last term, wherein the principal point of…
2Cases cited12 opinions
- Allgeyer v. LouisianaSupreme Court of the United States · 1897
- Bedford v. Eastern Building and Loan Assn.Supreme Court of the United States · 1901
- Harper v. Building Ass'nWest Virginia Supreme Court · 1904
- Floyd v. National Loan & Investment Co.West Virginia Supreme Court · 1901
- Gray v. Baltimore Building & Loan Ass'nWest Virginia Supreme Court · 1900
7 more not listed; retrieve them via the Exa API.