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U.S. Supreme Court

Driesbach v. National Bank, 104 U.S. 52 (1881)

Driesbach v. National Bank

104 U.S. 52

ERROR TO THE CIRCUIT COURT OF THE UNITED

STATES FOR THE WESTERN DISTRICT OF PENNSYLVANIA

Syllabus

1. Usurious interest paid a national bank on renewing a series of notes cannot, in an action by the bank on the last of them, be applied in satisfaction of the principal of the debt.

2. Barnet v. National Bank, 98 U. S. 555, reaffirmed.