Colonial Plan Company v. Tartaglione

This case is here on exceptions of plaintiff taken at the close of testimony to action of the court (1) directing a verdict for defendant and (2) refusing to direct a verdict for plaintiff.

The facts are undisputed. The action was based on a promissory note for three hundred dollars given for a loan which came within the terms of “An act to regulate the business of making small loans.” Pub. Laws, 1923, Ch. 427.

Plaintiff, admittedly, was licensed to take the note in question which was dated August 23, 1924, and was signed by the three defendants. A pass book was given to defendant Tartaglione…