Wisconsin Supreme Court June 15, 1870 (Cornell v. Barnes)

lead-opinion

Paine, J.

It is not claimed in the answer that including the exchange due upon one of the old mortgages, according to its terms, in the present mortgage, constitutes usury. That mortgage was given in 1850, when the law in force allowed any rate of interest for which the parties chose to contract; consequently no question as to usury could arise upon it.