Summary

Fowler v. Equitable Trust Company…

The only question of any difficulty is whether the fee stipulated was not excessive. But as the character and extent of the services performed by the plaintiff's attorney were best known to the court below, and in the absence of any evidence as to whether the fee was reasonable, considering the amount involved, and the nature of the services rendered, we are not prepared to reverse the decree because of the allowance to the plaintiff of an attorney's fee which does not exceed the highest sum fixed in the deed of trust.
Source: Wikisource

Fowler v. Equitable Trust Company…

The payment of $150 to the broker, as his commission, did not make that contract usurious; for, if that sum be added to the 9 per cent. interest stipulated to be paid, the total amount of interest exacted would be less than 10 per cent., the highest rate allowed by law. In Brown v. Mortgage Co., 110 Ill. 235, 239, the court said: 'In the next place, at the time this loan was made, (July 15, 1875,) it was lawful to exact ten per cent. per annum interest on money loaned. The note given bears interest only at the rate of nine per cent. per annum, and runs for five years.
Source: Wikisource

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