New York Court of Appeals October 2, 1900 (Neuman v. . N.Y. Mut. S. L. Assn.)

The plaintiff, on the first day of May, 1891, borrowed of the defendant, a building and loan association, the sum of $2,600.00, giving his bond for the amount, with annual interest at six per cent, secured by mortgage on real estate in the city of Utica. On or about the 29th day of March, 1894, the plaintiff duly tendered to the defendant the sum of $2,080.