Noel v. Panhandle Building & Loan Ass'n

JACKSON, Justice.

The appellants, J. L. Noel and wife, Ethel M. Noel, prosecute this appeal from a judgment obtained by the Panhandle Building & Loan Association, a Texas corporation, against him for $2,596.76, with interest and costs, and for the foreclosure of a lien securing the payment of said sum on lot 10 in block 1 of the Park Hill addition to the city of Pampa against both appellants.

Usury is the defense relied on and is based, as stated in their brief, on the contentions : “That the structural plan of the association in its loan contract comprehended usurious interest; that the…