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SCHNEIDER v. WILMINGTON TRUST CO., BANK OF DEL.

310 A.2d 897 (1973)

Francis J. SCHNEIDER, Jr., et al., Plaintiffs, v. WILMINGTON TRUST COMPANY, BANK OF DELAWARE and Farmers Bank of the State of Delaware, Defendants.

Court of Chancery of Delaware, New Castle.

September 12, 1973.

Attorney(s) appearing for the Case

David Roeberg, Sullivan, Potter & Roeberg, Wilmington, for plaintiffs.

Rodney M. Layton and Wendell Fenton, Richards, Layton & Finger, Wilmington, for defendant Wilmington Trust Co.

Charles F. Richards, Jr., Martin I. Lubaroff, and Stephen E. Herrmann, Richards, Layton & Finger, Wilmington, for defendant Farmers Bank of the State of Delaware.

Henry N. Herndon, Jr., and Eduard F. von Wettberg, III, Morris, James, Hitchens & Williams, Wilmington, for defendant Bank of Delaware.

DUFFY, Justice:*

Plaintiffs bring this action against Bank of Delaware, Farmers Bank of the State of Delaware and Wilmington Trust Company (defendants) under a usury statute for certain charges made in credit card transactions. Defendants answered and then moved to dismiss the complaint on the ground that the Court does not have jurisdiction over the subject matter. This is the decision on the...

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