Supreme Court of Connecticut, 1792

Cowles v. Hart

Cowles v. Hart
Supreme Court of Connecticut · Decided February 15, 1792
1 Root 396

Cowles v. Hart

Opinion of the Court

The court were of opinion — Tbat tbe law is so upon tbe facts aforesaid tbat tbe defendants did not assume and promise; and gave judgment for tbe defendants to recover tbeir cost.

Tbe statute makes void all obligations, securities, mortgages, etc. given for more than lawful interest as a penalty *397upon the lender, and for the protection of indigent borrowers. If the plaintiff might recover the principal of his debt in this action, after his security is avoided, the design of the statute would be in a measure defeated — the manifest intention of which is not only to make void the security; but the debt also.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.