Marble v. State
| Decision Date | 07 December 1859 |
| Citation | 13 Ind. 318 |
| Parties | Marble v. The State |
| Court | Indiana Supreme Court |
From the Gibson Court of Common Pleas.
The judgment is affirmed with costs.
A. C Donald, for appellant.
Prosecution against Painter Marble for usury. The information charges "that Marble, on, &c., at, &c., did then and there unlawfully bargain for a greater rate of interest than was then or now is allowed by law, with one John M. Boren to-wit, the said Boren did then and there loan for the space of one year, from the said Marble, the sum of 1,000 dollars for the use and forbearance of which, for the term of one year, the said Boren made an agreement with said Marble to pay to him, Marble, 10 per cent. interest or 100 dollars--exceeding the legal rate of interest, 4 per cent., or 40 dollars--being unlawful and usurious interest; contrary," &c.
Motion to quash the information overruled. Plea, not guilty. Finding and judgment for the state.
An objection is raised to the information, "because it fails to allege that the illegal interest was corruptly and usuriously taken." The lawful rate of interest is 6 per cent. per annum. 1 R. S. p. 343. And the statute upon which the information is predicated is as follows:
"Any person who shall directly or indirectly bargain for, receive, or reserve, on any contract or agreement whatever, a greater rate of interest than at the time is allowed by law, shall be fined in five times the interest so unlawfully bargained for, taken, or reserved," &c. 2 R. S. p. 440, § 51.
Thus it will be seen that the statute defining the offense of usury does not use the terms "corruptly and usuriously," or either of them. And the general rule is, that "the description of the offense in an indictment in the language of the statute defining it, is sufficient." The State v....
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