New York Supreme Court, 1861

Bailey v. Lane

Bailey v. Lane
New York Supreme Court · Decided October 15, 1861
13 Abb. Pr. 354

Counsel

S. T. Freeman, for the appellants., Crary & Elmore, for the respondents.

Bailey v. Lane

Opinion of the Court

By the Court*

—The defence of usury was properly stricken out. The answer does not set up any usurious agreement intended as such, and the plaintiffs show by affidavit that the error was made by the clerk in calculating the interest, and was not intended as usury. The defendants in no way contradict the statement.

As to the second defence, the agreement to receive the notes was made simultaneously with or before the making of the *359notes, and, not being in writing, was insufficient to vary the legal effect of the notes. The defence set up was therefore frivolous.

The answer as to the want of protest was sufficient, and we think should stand.

The order modified, so as to strike, out all the answer of Lane and Guild, and all of Robert Lane except the first defence, without costs of this appeal.

Present, Clerke, P. J., Ingraham and Leonard, JJ.

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