Wessell v. Timberlake

Citations

• 95 Ohio St. (N.S.) 21

Syllabus

<p>Constitutional law — Police power — Regulation of chattel and salary loans — Section 6346-1 et seq., General Code (106 O. L., 281) —License by superintendent of banks.</p> <p>1. Chattel loans on mortgage security or otherwise, the rate of interest on such loans, and the ways and means of assigning wages, are proper subjects for the exercise of the police power by the general assembly of the state.</p> <p>2. Section 6346-1 et seq., General Code (106 O. L., 281), is a constitutional exercise of police power by the general assembly of Ohio. The provision in Section 6346-2 of said act, in so far as it relates to the revocation of a license issued pursuant to the act, is reserved for future consideration in cases in which such question may properly be raised.</p>