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Nichols v. Cosset

Supreme Court of Connecticut

Decided August 15, 1791

Supreme Court of Connecticut · decided 1791-08-15

Action of ejectment for land. The plaintiff’s title was a deed from his father George Nichols, dated 13th December A. D. 1784.

Decided 1791-08-15

By Court and Jury.

¶1This deed is not usurious within the statute, for although 7 per cent, is expressed in the mortgage, and the mortgage was given in this state, where 6 per cent, is the lawful interest only; yet this is a security to pay the plaintiff only what he was lawfully bound to pay for said George in New York.

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