Case Name: BANK OF THE UNITED STATES v. CRABB
Court: United States Circuit Court of the District of Columbia
Jurisdiction: United States
Decision Date: 1822-04
Citations: 2 F. Cas. 691
Docket Number: 
Parties: BANK OF THE UNITED STATES v. CRABB.
Judges: 
Reporter: Federal Cases
Volume: 2
Pages: 691–691

Head Matter:
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.

Opinion:
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.