WALKER v. BANK OF WASHINGTON


44 U.S. 62 (1845)

3 How. 62

JOHN WALKER, PLAINTIFF IN ERROR, v. THE PRESIDENT AND DIRECTORS OF THE BANK OF WASHINGTON, DEFENDANT IN ERROR.

Supreme Court of United States.


Attorney(s) appearing for the Case

Brent, for the plaintiff in error.

Hellen, for the defendants in error.


Mr. Justice WAYNE delivered the opinion of the court.

This suit is brought upon a promissory note, given in renewal of a former note, which had been discounted by the defendants in error. The defendants in the court below deny that the plaintiffs have any right of action upon the note sued on, on the ground that the first note was tainted with usury.

Such is the law in such a case. The mere change of securities for the same usurious loan to the same party...

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