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18 S.C.L. 54

Fowler v. Henry

Court of Appeals of South Carolina

Decided December 15, 1830

Court of Appeals of South Carolina · decided 1830-12-15

<p>Ii the borrower, after a loan made, and without any previous agreement to do so, confess a judgment for money lent on usury, he is forever concluded: Nor can the indorser of a note made in consideration of such judgment avoid his own liability by reason of usury in the original loan.</p> <p>1\ L. 286.</p>

Decided 1830-12-15

Johnson J.

¶1delivered the opinion of the Court.

¶2The Court concurs in the views expressed by Mr. Justice Evans. There is no question that if a judgment be confessed or suffered in pursuance of an original corrupt and usurious agreement, that the borrower should so confess or' suffer it, it would be void under the statute: but it is equally clear that *55if the defendant had an opportunity according to the ordinary forms of law to malte his defence, and neglected to avail himself of it, that he is forever concluded, and such seems to have been the case here. The motion is therefore dismissed.

¶3Motion refused.

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