Talbot v. Sioux National Bank
Supreme Court of Iowa
Appeal from Woodbury District Gowrt. — Hon. George W. Wakeeield, Judge. Action to recover usury, under section 5198 of the ^Revised Statutes of the Hnited States. A demurrer to the petition was sustained. Plaintiff appeals.
1Opinion of the CourtSherwin, J.
In his petition the plaintiff avers that he commenced doing business with tbe defendant bank about May 27, 1899, and that on tbe twenty-fourth day of February, 1890, be gave tbe defendant one ten tbousand-dollar note, in wbicb was included usurious interest wbicb tbe bank had charged tbe plaintiff; that on tbe fourth day of March, 1890, tbe plaintiff executed and delivered to tbe defendant his note for twenty-eight thousand dollars; that said note was given to cover borrowed money, tbe ten tbousand-dollar mote of February 24, 1890, and illegal interest and charges wbicb the bank' bad before…
2Cited by1 opinion
- Daniel H. Talbot, Plff. In Err. v. Sioux National Bank of Sioux City, IowaSupreme Court of the United States · 1902