Supreme Court of Minnesota May 2, 1941, No. 32,690. (A. Y. McDonald Mfg. Co. v. Read)

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United States · · · 02-05-1941

Stone, Justice.

The decision below is that the record of an instrument in the nature of a conditional sale contract, because of its usurious pro

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vision for interest and insufficient description of subject matter, was of no avail as constructive notice to subsequent purchasers in good faith and for value.

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