Document: 372 U.S. 591 83 S.Ct. 914 9 L.Ed.2d 961 MICHIGAN NATIONAL BANKv.Earl T. ROBERTSON et al. BANK v. Elvin E. HILLS Nos. 55, 64. March 25, 1963. PER CURIAM. 1 Respondents in these two cases purchased house trailers Nebraska, executing and delivering notes lien instruments to the local dealer who turn negotiated them petitioner, a national bank located Michigan. have now sued alleging violations of Nebraska Installment Loan Act challenging validity transactions documents executed connection therewith.1 Petitioner claimed that it could not be because 12 U.S.C. § 942 86, federal usury provision,3 applied exclusion statutes. These contentions were rejected by courts respondents obtained judgments for all relief requested.4 The petitions certiorari place before Court only applicability 94 we confine ourselves matter. 2 All reasons, save one, advanced Supreme applying already Mercantile Nat. Bank at Dallas Langdeau, 371 555, 520, 523. additional ground relied upon No. 55 was '(t)he instant action action, transitory action. (s)ee 25—404 R.R.S.1943;5 45—154, R.R.S.1943,' 172 Neb. 385, 394, 109 N.W.2d 716, 722, thus within exception carved out Casey Adams, 102 66, 26 L.Ed. 52. This is likewise untenable. applicable venue statute on its face allows suit more than one county and, case foreign corporations such as Revised Statute 25—4086 appears permit any where defendant can found. By very nature, this considerably different kind from determine interests property situs which involved Adams. Moreover, although terms actions against banks, when re-enacted February 18, 1875, c. 80, 18 Stat. 320, appended provisions dealing with banks. See supra, 561 568, 523 527. We think Congress clearly intended apply suits involving related matters issue here. 3 respondents, nevertheless, would us affirm another ground, namely, question here provide relating execution, interpretation, performance are determined law State has therefore waived benefits 94, may do. First Charlotte Morgan, 132 141, 10 37, 33 282. But should deal matter first instance. do appear addressed themselves particular if still open there, they or decide under law, contractual provision reaches event suit. 4 granted, vacated causes remanded further proceedings inconsistent opinion. 5 It so ordered. 6 Judgments directions. 7 Mr. Justice BLACK, whom DOUGLAS joins, concurring. 8 I concur Court's remand cases, agree that, even located, waive statute. result, since am total disagreement interpretation prefer below holding Michigan National courts. Each lawsuit grew business transaction financed resident's purchase trailer dealer. Now, holding, people allege their contracts usurious must, unless held statutory venue, go way try vindicate rights bank. harsh result compelled June 3, 1864, 106, 30, 13 108, codified 94. know single passed century explicitly denies person privilege filing his own an out-of-state company service arises State. And willing find congressional purpose realize did hold several weeks ago 523, requires state court brought located. Langdeau merely required plaintiff sue rather another. Formal logic strictly might call expansion cover factual situation require hundreds miles home bring wrong done him State, cannot believe intended. 'Violation sections 45—114 45—155 indebtedness, however acquired, shall render indebtedness void uncollectible.' Neb.Rev.Stat. 45—155; see ex rel. Beck Associates Discount Corp., 168 298, 96 55. Venue suits. 'Actions association chapter had district Territorial United States established, county, municipal city said having jurisdiction similar cases.' Usurious interest; penalty taking; limitations. 'The taking, receiving, reserving, charging rate interest greater allowed section 85 title, knowingly done, deemed forfeiture entire note, bill, other evidence debt carries it, been agreed paid thereon. In paid, legal representatives, recover back, nature debt, twice amount taking receiving same: Provided, That commenced years time occurred.' preceding section, 85, provides part: Rate loans, discounts, purchases. 'Any take, receive, reserve, charge loan discount made, notes, bills exchange, evidences laws Territory, District per centum excess ninety-day commercial paper effect Federal reserve whichever greater, no more, except limited banks organized laws, associations existing chapter.' sought return installments heretofore bank, declaration contract mortgage uncollectible order directing deliver purchasers certificate title free clear encumbrances. 25—404. 'Local liability, acts bonds public officers. Actions following must cause some part thereof arose: (1) An recovery fine, forfeiture, penalty, imposed * *.' 'An those mentioned 25—401 25—403, nonresident corporation there of, debts owing defendant, found; but insurance company, cause, thereof, arose.'

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