New York Court of Appeals
The People of the State of New York, Respondent v. Frank Shaken, Appellant
May 28, 1929251 N.Y. 107
Summary
The Court reversed the defendant's conviction, holding that the printing press and paper cutter mortgaged were not "tools or implements of trade" within the meaning of section 2400 of the Penal Law, and therefore the taking of security for a usurious loan did not constitute a crime.