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Williams v. Bank

Supreme Court of North Carolina
Dec 1, 1912
76 S.E. 531 (N.C. 1912)

Opinion

(Filed 4 December, 1912.)

Usury.

The question in this case of double the amount of interest paid under an usurious contract controlled by the decision of Ervin v. Bank, ante, 42.

APPEAL by plaintiff from Lyon, J., at August Term, 1912, of CALDWELL.

W. B. Councill and Lawrence Wakefield for plaintiff.

Mark Squires for defendant.


The pleadings and facts are in all material respects like those in Ervin v. Bank, ante, 42, except in this case the referee credited the plaintiff with $170.31, the item in controversy, instead of with double the amount paid, as he did in the Ervin case. His Honor sustained an exception to allowing the amount, $170.31, as a credit, and the plaintiff excepted and appealed from the judgment rendered.


(50) The decision of this appeal is controlled by Ervin v. Bank, ante, 42, and for the reasons therein stated, it is ordered that the judgment of the Superior Court be reduced by the sum of $170.31.

Reversed.


Summaries of

Williams v. Bank

Supreme Court of North Carolina
Dec 1, 1912
76 S.E. 531 (N.C. 1912)
Case details for

Williams v. Bank

Case Details

Full title:B. F. WILLIAMS , RECEIVER, v. FIRST NATIONAL BANK OF LENOIR

Court:Supreme Court of North Carolina

Date published: Dec 1, 1912

Citations

76 S.E. 531 (N.C. 1912)
161 N.C. 49

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