Case Name: THE GUARDIAN MUTUAL LIFE INSURANCE COMPANY, Respondent, v. ELEANOR KASHOW and others, Appellants
Court: New York Supreme Court
Jurisdiction: New York
Decision Date: 1875-02
Citations: 10 N.Y. Sup. Ct. 616
Docket Number: 
Parties: THE GUARDIAN MUTUAL LIFE INSURANCE COMPANY, Respondent, v. ELEANOR KASHOW and others, Appellants.
Judges: 
Reporter: Supreme Court Reports (Hun)
Volume: 10
Pages: 616–616

Head Matter:
THE GUARDIAN MUTUAL LIFE INSURANCE COMPANY, Respondent, v. ELEANOR KASHOW and others, Appellants.
Usury.
Appeal from, a judgment in favor of plaintiffs, entered on the report of a referee.
The action was brought to foreclose a mortgage given by defendants to the plaintiff. The defense set up was usury, defendants having given a bonus of $3,000 in mortgages to get a loan of $7,000.
The court after a review of the evidence, was of opinion that the plaintiff took the mortgages thus given to procure the loan, and that the defense was therefore sustained by the proof; and it reversed the judgment, and ordered a new trial, costs to abide the event.
Smith <& Btanbrough, for the appellants.
Livingston K. Miller, for the respondent. ‘

Opinion:
Opinion by Barnard, P. J.
Present—Barnard, P. J., Tappen and Donohue, JJ.
Judgment reversed, and new trial granted at Special Term, costs to abide the event.