Lilly v. DeLaperiere
Lilly v. DeLaperiere
Opinion of the Court
Under the act of 1879 (Acts 1878-9, p. 184), where-suit was brought on a contract which bore on its face a higher rate of interest than seven per cent., it w>s incumbent on the plaintiff to show affirmatively that no greater rate than that specified in the contract had been taken, and a failure to do so would result in the loss of all interest, and only the principal, after deducting payments, could be recovered. To a suit brought on such a contract a plea of payment would
(a) Whether or not the provision in the act of 1875, requiring the filing of certain pleas of usury within twelve niont-hs, was repealed by the act of 1879, the plea in this case was not one of those contemplated by such provision.
Judgment reversed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.