Rainwater v. Bonnette

The opinion of the Court was delivered by

Mr. Justice; Binase;.

This action concerns the law as to usury. The plaintiff claimed he bought from the defendant Bonnette certain wages to become due tó him as an employee of his co-defendant, railroad company. He asked for an accounting on the part of the railroad company, and for judgment for the amount of his claim.

The defendants, in their respective answers, alleged that the transaction between the plaintiff and Bonnette was not a bona fide sale of Bonnette’s wages to the plaintiff, but in reality the plaintiff had loaned $50 to Bonnette at a rate…