Hovey v. Wark-Gilbert Co.
Cases that cite this one
1 later published case cites this decision.
- Thomas v. Union Trust Co. (Mich. 1930)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
Plaintiff sued on the note of defendant, a Michigan corporation, due October 22, 1928, and had judgment which defendant reviews on error.
Act No. 335, Pub. Acts 1927, pt. 2, chap. 1, § 1, provided that "no corporation shall interpose the defense of usury to any cause of action hereafter arising."
The cause of action arose when the note became due. The act was then in effect. Defendant sought *Page 503
to interpose the sole defense of usury. This the act forbids.Miller v. Reid,
NORTH, C.J., and FEAD, BUTZEL, WIEST, McDONALD, POTTER, and SHARPE, JJ., concurred.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.