American Inv. Co. v. Lyons’s Empirical Analysis
1923
Citation profile
2 federal appellate · 9 state decisions
How this case has been cited
Cited by 11 later decisions — most recently June 1988
2 federal appellate · 9 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Fowler v. Equitable Trust Co. · Cadwell v. Higginbotham · Eldred v. Hart · Scruggs v. Scottish Mortgage Co. · Washington Investment Ass'n v. Stanley
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 11 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“- “Section 1. Any rate of interest not exceeding ten per centum pter annum agreed to by the parties to the contract, shaE be legal, and no person shaE directly or indirectly take or receive any money, goods or things in action or in any other way, any greater interest, sum or value for the loan or forbearance of any money, goods or things in action than ten per centum per annum: Provided that a minimum charge of one doEar ($1.00) may be made for interest where the said rate faüs to aggregate said sum. “Sec. 2. If a greater rate of interest than is hereinbefore, in section 1, allowed, shall be contracted for or received or reserved, the contract shall not therefore be void; but in any action on such contract, proof may be made that a greater rate of interest has been directly or indirectly contracted for or taken or reserved, and the plaintiff shaE recover only the principal less the amount of interest accruing thereon at the rate contracted for, and the defendant shaE 'recover costs; and if interest shall have been paid, judgment shall be for the principal less twice the amount pf interest paid and less the amount of aE accrued and unpaid interest.””
1 later decision quote this exact passagee.g. Simmons v. Stern““From a review of the cases referred to, we are inevitably led to the conclusion that, if the sum charged as interest does not 'exceed, interest at the rate of 10 per cent per annum upon, the sum loaned, computed upon the basis ■ of- the -full time the loan is to extend, it is; not. usurious, regardless of the fact that such interest is evidenced by notes in such sums and maturing at such times during the interim as the parties may agree upon.””
1 later decision quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.