NATIONAL BANK v. JOHNSON


104 U.S. 271 (____)

NATIONAL BANK v. JOHNSON.

Supreme Court of United States.


Attorney(s) appearing for the Case

Mr. Francis Kernan for the plaintiff in error.

Mr. Clayton M. Parke, contra.


MR. JUSTICE MATTHEWS, after stating the case, delivered the opinion of the court.

It is contended, on behalf of the plaintiff in error, that the sections of the Revised Statutes in question were intended only to prevent national banks from violating the usury laws of the State in which they were severally organized and established; and that while, by the law of New York, it is usurious to loan or advance money to a party...

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