Demise of Kerr v. Davidson
This text of 35 N.C. 454 (Demise of Kerr v. Davidson) is published on Counsel Stack Legal Research, covering Supreme Court of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The Court charged, that, if the jury believed the testimony of Kerr, as to the excess of fifty dollars, there was usury in the consideration of the deed. To this the defendant excepts. There is error, consistently with the testimony of Kerr. There may or may not have been a corrupt intent on the part of Alexander to exact usury. The question of intent ought to have been submitted to the- jury, and it was error for his Honor to assume the existence of this corrupt intent, from the fact that the bond sets forth a sum larger by fifty dollars than the amount borrowed.
Per Curiam. Judgment reversed and venire de novo awarded.
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35 N.C. 454, Counsel Stack Legal Research, https://law.counselstack.com/opinion/demise-of-kerr-v-davidson-nc-1852.