Dunnam v. Burns

OPINION

BARAJAS, Chief Justice.

Louis Dunnam appeals a judgment holding him liable to Appellee for payment of a promissory note. Appellant and Steve Oual-line jointly borrowed $35,000 from Appellee and agreed to repay the principal plus $5,000 on a date certain. After Appellant defaulted on the loan, Appellee sued to recover. Appellant defended by claiming the loan was usurious. We reverse the judgment of the trial court and remand this cause to it for further proceedings.

I. SUMMARY OF THE EVIDENCE

The four-sentence instrument that memorializes Appellant’s indebtedness to Appellee is, in…