THOMAS v. KNICKERBOCKER OPERATING CO.


202 Misc. 286 (1951)

Alfred M. Thomas et al., Plaintiffs, v. Knickerbocker Operating Co., Inc., et al., Defendants.

Supreme Court, Special Term, New York County.

November 19, 1951.


Attorney(s) appearing for the Case

David Paris for plaintiffs.

Leo P. Rood for Jefferson Credit Corporation, defendant.

Harry Salvan and Samuel Schwartz for Knickerbocker Operating Co., Inc., defendant.


DICKSTEIN, J.

This action was brought to have an installment promissory note secured by a chattel mortgage both cancelled and delivered to plaintiffs as well as for the recovery of all sums paid thereon. Plaintiffs claim that the note and chattel mortgage were based on a usurious transaction arising from the purchase of an automobile for which the plaintiffs were unable to pay cash and it is conceded that the...

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