418 TRADING CORP. v. OCONEFSKY


37 Misc.2d 745 (1962)

418 Trading Corp., Plaintiff, v. Pearl Oconefsky et al., Defendants.

Supreme Court, Special Term, Bronx County.

November 20, 1962


Attorney(s) appearing for the Case

Isaac Anolic for plaintiff. Moses C. Weinman for defendants.


CHARLES A. LORETO, J.

Defendants, husband and wife, desired to purchase a one-family home. Lacking the necessary money to meet the cash payment over the proposed mortgages, they applied to plaintiff for a loan.

Plaintiff is in the business of advancing money on real estate mortgages. The court believes that in order to exact more than the legal interest rate it required the defendants, who operated a...

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