Salt Lake Herald-Republican | 1913-03-09 | Page 20 | Asked 83 per Cent Interest per Month, Charge Against Cline

Asked 83 Per Per Cent 1 Interest Per Month Charge Against Cline A of oC having charged 23 25 5 A AccuSED A cents per month interest on a aloan loan balance of ot 30 iU O cents A ACline ACline I Cline pawnbroker was wa charged chargee with usury In a u. complaint issued ell b by bythe bythe the county attorney yesterday The Tho technical allegation is that Clino violated the usury law b by charging chars chars- ing InS Thomas M. M Gilligan more than l 12 per cent per por annum AccordinG According According- to allegations to the tho county attorney Gilligan pawned his lila and its Is contents to dine Clino for Cor 2 agreeing to pay nay 35 25 5 cents In addition to the 2 52 by or before before be be- fore tho the expiration of a month to I redeem his Is property When hen the month was up Galligan Gaul Galli- gan can had Just 20 and paid this I amount to Cline it i is alleged Cline it is charged agreed to ex extend extend ex- ex tend the loan Joan on the tie at O cents balance balance balance bal bal- bal bal- ance for tor 2 23 25 cents interest per pcr month It I Is alleged lie Ito charged Gal Galgan 11 gran at this rate rae o of 53 3 per cent per month or 1000 per pcr cent per annum annum an an- num on tho the cent W-cent balance This Is the first case of or this sort that has been brought broucht to the attention attention atten atten- tion don of or the count county attorney but he announced yesterday that all al such cases that were brought to the attention attention at at- It- It tenton of the office would be beIg vigorously vigorously vig vig- I prosecuted ted