Brown v. West
Brown v. West
Opinion of the Court
delivered the opinion-of the court.
J. B. West, surviving partner of Chaffe, Powell & West, sued Brown and wife upon the following note:
“$1,325.09 Rolling Pork, Miss., Peb. 23, 1893.
“On the 7th day of January, 1894, I promise to pay to the order of Chaffe, Powell & West, at their office in New Orleans, La., $1,325.09 for value received, with interest at the rate of ten per centum per annum from maturity until paid.
“W. D. Brown,
“A. V. Brown."
On this note credits amounting to $632.67 were indorsed; and for the balance, after deducting said credits, plaintiffs below had a verdict through a peremptory instruction to that effect. This peremptory instruction was given to the jury, notwithstanding the defendant below introduced evidence tend
The defendant below offered also other matters in contradiction of the claim sued on, which, we think, should not- have been excluded from the consideration of the jury by a peremptory instruction.
Reversed and remanded.
Reference
- Full Case Name
- William D. Brown v. James B. West
- Cited By
- 2 cases
- Status
- Published
- Syllabus
- 1. Promissory Note. Usu/ry. Peremptory instruction. Where, in a suit upon a promissory note, the rights of a bona fide holder for value not being involved, the defendant, under proper pleadings, offers evidence tending to show that a part of the sum demanded was for usury, a peremptory instruction for plaintiff, directing the finding of the full amount sued for in his favor, should not be given. 3. Same. Commissions on cotton not shipped. Devices to cover usury. An agreement that a debtor shall forward a certain amount of cotton to his creditor, and if he fail to do so shall pay commissions on it as if it had been shipped, entered into with no expectation on either side that the cotton should be forwarded, but intended as a mere devise to enable the creditor to obtain a usurious rate of interest, is void.