DAGGS v. PHOENIX NATIONAL BANK

No. 138.

177 U.S. 549 (1900)

DAGGS v. PHOENIX NATIONAL BANK.

Supreme Court of United States.

Decided April 30, 1900.


Attorney(s) appearing for the Case

Mr. A.J. Daggs for appellants.

Mr. Aldis B. Browne and Mr. Alexander Britton for appellee.


MR. JUSTICE McKENNA, after making the foregoing statement, delivered the opinion of the court.

We are confined by the record to the points passed on by the Supreme Court of the Territory, to wit, the defence of usury, and the motion for judgment on the counter-claim.

(1.) By section 5197 of the Revised Statutes of the United States a national bank may charge on any note interest at the rate allowed by the laws of the State or Territory where it is situated...

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