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207 N.Y. 522

101 N.E 451

29 N.Y.Crim. 246

People v. . Young

New York Court of Appeals

Decided March 11, 1913

New York Court of Appeals · decided 1913-03-11

<p>(1.) Usury.*</p> <p>Upon the trial of an indictment charging defendants with a violation of section 314 of the Banking Law (Cons. Laws, ch. 2) in having charged and received usurious interest, the complainant, on his direct examination, was questioned as to what happened at the office of defendants when he obtained the loan, and it appeared that whatever occurred on that occasion took place between him and persons other than the defendant. The questions were objected . to on the ground that no connection had been shown with the defendants. Held, untenable where there was other undisputed evidence in the case from which the jury might justly infer that what was done on that occasion was with the sanction of both defendants.</p> <p>(2.) Unincorporated association which loans money on wages, etc., NOT A BANKER.</p> <p>An unincorporated association whose sole business is that of loaning money upon assignments of wages, and upon chattel mortgages, is not a banker within any definition of that term known to the law. The individual members of such an association, therefore, are not protected from prosecution for usury under section 314 of the Banking Law, by section 74 of said law, the effect of which limits a recovery for usury against state banks and private and individual bankers to double the amount of the interest.</p> <p>(3.) Usury — Prosecutions under section 314 banking law.</p> <p>The provisions of the General Business Law (Cons. Laws, ch. 20, §§ 376, 382) to the effect that restitution of moneys or property illegally received shall be a bar to further penalties, are not available in behalf of a person prosecuted under section 314 of the Banking Law.</p> <p>(4.) Same — Sufficiency of indictment.</p> <p>Objections to the indictment upon the grounds that the first count thereof does not state a crime; that both counts are defective because thy fail to state the time when the act was committed, and that more than one crime is charged therein, examined and overruled.</p>

Relies on 10 E.H. Smith 541 - People v. . Sickles · People Ex Rel. Farrington v. . Mensching

Good law ✅— No negative treatment on recordhow we know

Decided 1913-03-11

How this case has been cited

Cited by 7 later decisions — most recently May 1968

7 state decisions

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Cullen, Ch. J.

¶1 I concur in the opinion of Willaed Baetlett, J., but as to the claim of the appellants that they are exempted from the provision of the usury laws by section 74 of the Banking Law, I have this to add: The claim is that the business of loaning money of itself constitutes the lender a private banker, and Matter of Samuel Wildes’ Sons (133 Fed. Rep. 565) is cited to support the contention. If this definition of a private banker is accepted, I am of the opinion that the immunity afforded by the statute to such bankers is a denial of the equal protection of the law guaranteed by the Federal Constitution. Undoubtedly classification in state legislation does not render the legislation invalid, but to justify a classification there must be “ enough reason for it to support an argument, even if the reason is unsound.” (People ex rel. Farrington v. Mensching, 187 N. Y. 8, 22; Matter of City of New York, 190 id. 350.) The exemption of incorporated banks and individuals bankers as defined by the statute may be upheld on the ground that the conduct of such banks or bankers is regulated by law and is under the supervision of the banking department, while they are also subject to restrictions not imposed on private persons. But an enactment that prescribes that a person who commits a single specified act commits a crime, while another who does the same thing habitually as a business is not guilty, is utterly devoid of reason to support the distinction. Legislation cannot prescribe that the professional pick-pocket or burglar shall be exempt from punishment, while one who *257 commits a single act of either character is guilty of a crime. A law to the contrary is valid — professional criminals can be punished more severely for an offense than other persons. (People v. Sickles, 156 N. Y. 541, 13 N. Y. Crim. 277.)

¶2 Gray, Hiscock, Cuddeback, Hogan and Miller, JJ., concur with Willard Bartlett, J., and Cullen, Ch. J.

¶3 Judgment of conviction affirmed.

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