Case ID: f-cas_2/html/0691-01.html
Source: Caselaw Access Project
Author: {"author": "THE COURT", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Case No. 913.
    BANK OF THE UNITED STATES v. CRABB.
    [2 Cranch, C. C. 299.] 
    
    Circuit Court, District of Columbia.
    April Term, 1822.
    Negotiable Instruments —Discount—Usury.
    Taking sixty-four days’ discount, upon discounting a note, payable at sixty days, is not usury.
    At law. Assumpsit upon a note payable sixty days after date, discounted by the plaintiffs, reserving sixty-four days’ discount. Defence, usury.
   THE COURT

(nem. eon.) was of opinion that it was not usury. The argument of counsel was very slight; and after the court intimated its opinion, the defendant withdrew the defence.