Webster v. Smith

Citations

• 36 Pa. Super. 281
• 1908 Pa. Super. LEXIS 150

Syllabus

<p>Interest— Usury — Juigment—Opening judgment.</p> <p>A security given in payment or discharge of an usurious contract is equally void with that. The original taint attaches to all consecutive obligations growing out of the original usurious transaction, and none of the descendant obligations can be free from it if descent can be traced.</p> <p>When the consideration of a confessed judgment is- made up in part of usury, no matter in what form it may be disguised, the court-will ordinarily open the judgment and afford relief.</p>