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" No corporation shall hereafter, interpose the defense of usury in any action. The term corporation, as used in this section, shall be construed to include all associations, and joint-stock companies having any of the powers and privileges of corporations... "
Bryant and Stratton's Commercial Arithmetic: In Two Parts. Designed for the ... - Page 203
by Emerson Elbridge White - 1861 - 332 pages
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The Federal Reporter, Volume 288

Law reports, digests, etc - 1923 - 1094 pages
...York, however, upwards of 70 years ago, the Legislature adopted the modern and broader view, providing that "no corporation shall hereafter interpose the defense of usury in any acti&n." Laws 1850, c. 172, ยง1 1 and 2. [Later, by chapter 237 of the Laws of 1882, it further in...
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