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" If a transaction is usurious in its inception, it remains usurious until purged by a new contract; and all future transactions connected with or growing out of the original are usurious and without valid consideration. An original taint of usury attaches... "
Reports of Chancery Cases Decided in the Eighth Circuit of the State of New ... - Halaman 252
oleh Charles L. Clarke, New York (State). Court of Chancery - 1841 - 628 halaman
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The American Jurist: And Law Magazine, Volume 25

1843 - 528 halaman
...same note still remaining, does not purge the usury. Dunning v. Merrill, 1 Clarke, 252. 14. (Same.) An original taint of usury attaches to the whole family...of the taint, if the descent can be fairly traced. Ib. 15. (Depends upon intent.) Usury depends upon intent ; and the court will look into the whole transaction...
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The York Legal Record, Volume 3

1883 - 262 halaman
...the taint of usury follows it. The original taint of usury attaches to all consecutive obligations or securities growing out of the original vicious transaction, and none of the decedent obligations, however remote, can be free from it if the descent can be traced. Neither the...
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The New York Supplement, Volume 12

1891 - 1076 halaman
...Untermyer, for plaintiff. John O'Connell, for defendants. MoA DAM. CJ The taint of usury undoubtedly attaches to the whole family of consecutive obligations and securities growing out of a transaction originally vicious, and none of the descendants in the line of liabilities, however remote,...
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The Legal Record Reports: Containing Chiefly Decisions in the ..., Volume 1

1902 - 552 halaman
...usurious security is equally void with that. The original taint attaches to all consecutive obligations or securities growing out of the original vicious transaction,...descendant obligations, however remote, can be free from it. if the descent can be traced." This is where the obligor or promissor remains the same : Bank...
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Reports of Cases Determined by the Supreme Court of Appeals of ..., Volume 63

West Virginia. Supreme Court of Appeals - 1908 - 810 halaman
...agreement." Webb on Usury, section 312. "The original taint attaches to all consecutive obligations or securities growing out of the original vicious transaction,...descendant obligations, however remote, can be free from it, if the descent can be traced." Dunning v. Merrill, 1 Clark's Chy. 252. "A more change of securities...
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The Southeastern Reporter, Volume 91

1917 - 1124 halaman
...transactions connected with or growing out of the original are usurious nnrl without valid consideration. An original taint of usury attaches to the whole family...remote, can be free of the taint if the descent can Under this rule, the principal as well as all interest on the notes sued on would be forfeited. An...
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McKinney's Consolidated Laws of New York Annotated: With ..., Buku 19

New York (State) - 1917 - 360 halaman
...(1822) 20 Johns. 285; Culver v. Randall, (1877) 5 Wkly. Dig. 267. " The taint of usury undoubtedly attaches to the whole family of consecutive obligations and securities growing out of a transaction originally vicious, and none of the decedents in the line of liabilities, however remote,...
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The Southeastern Reporter, Volume 98

1919 - 930 halaman
...transactions connected with or growing out of the original are usurious and without valid consideration. An original taint of usury attaches to the whole family...of the taint if the descent can be fairly traced." Judge Bleckley, In his opinion In the case of McGee v. Long, 83 Ga. 156, 9 SE 1107, says: "If there...
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Virginia Appeals: Decisions of the Supreme Court of Appeals of ..., Volume 13

Virginia. Supreme Court of Appeals - 1917 - 824 halaman
...transactions connected with or growing out of the original are usurious and without valid consideration. An original taint of usury attaches to the whole family...of the taint if the descent can be fairly traced." Under this rule, the principal as well as all interest on the notes sued on would be forfeited. An...
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Pacific Reporter: Second series, Volume 4

1932 - 1160 halaman
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