Graham v. Meyer
U.S. Circuit Court for the District of Southern New York
This was an action of trover, to recover the value of certain steamships claimed to have been wrongfully converted by the defendant [Lewis H. Meyer] to his own use.
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This was an action of trover, to recover the value of certain steamships claimed to have been wrongfully converted by the defendant [Lewis H. Meyer] to his own use. The amount demanded as damages was $400,000. An order was made holding the defendant to bail in the sum of $360,000, and he was held for that amount The plaintiff [John Graham], in his affidavit, upon which the order to hold to bail was founded, set forth the following facts: that the plaintiff, on the 5th of December, 1855, was the owner of the steamships Ocean Bird and St Lawrence, and of one undivided third part of the…
1Opinion of the Court
INGER.SOLL, District Judge.
The transaction out of which this suit arose is said to have taken place in the city of New York;- and as, by the laws of the state of New York, all conveyances for the security of a usuri-. ous loan of money are absolutely void, and; the party making a conveyance of personal property for the security of a usurious loan of money has a right to proceed, in an action of trover, against the party receiving the property as security,- if he converts it to his use, it follows, as the defendant is charged in the affidavit with making the usurious loan, with receiving the…
2Cases cited1 opinion
- Nisbet v. PattonSupreme Court of Pennsylvania · 1833
3Cited by5 opinions
- Polis v. HeizmannSupreme Court of Pennsylvania · 1923
- Simon v. Pyrites Co.Superior Court of Delaware · 1925
- Griswold v. BachellerU.S. Circuit Court for the District of Rhode Island · 1897
- State Ex Rel. Nead v. NolteOhio Supreme Court · 1924
- Seeley v. Missouri, K. & T. Ry. Co.U.S. Circuit Court for the District of Southern New York · 1889