Case Name: The Union Bank of Georgetown v. John Gozler
Court: United States Circuit Court of the District of Columbia
Jurisdiction: United States
Decision Date: 1822-10
Citations: 2 Cranch 349
Docket Number: 
Parties: The Union Bank of Georgetown v. John Gozler.
Judges: (Thruston, J., absent,)
Reporter: Reports of cases argued and determined in the Supreme Court of the District of Columbia (District of Columbia - reported by Mackey)
Volume: 2
Pages: 349–349

Head Matter:
The Union Bank of Georgetown v. John Gozler.
It is not usury in a bank to take the discount for sixty-four days, upon a sixty-day note.
Assumpsit upon the joint and several note of the defendant and two others, with a memorandum to credit the first drawer, who was Vincent King. The defence was usury in taking sixty-four days’ discount upon a sixty-day note.
Mr. Jones, for the defendant.
Mr. Key, for the plaintiff.

Opinion:
The Court
(Thruston, J., absent,)
decided without argument, that it was not usury to take by way of discount, interest for sixty-four days on the amount of the note; the point having been before decided both here and in Alexandria. See Bank of Alexandria v. Mandeville, at Alexandria, July, 1809, [1 Craneh, C. C. 552;] Bank of Washington v. Eliot, (not reported.)