Braniff Inv. Co. v. Robertson

TAXLOR, Commissioner.

Defendant in error, F. M. Robertson brought this suit to cancel the interest on the loan involved herein on the ground of usury. Plaintiffs in error, by cross-action, declared the entire debt due, and prayed for foreclosure. Judgment on trial before the court without a jury was for defendant in error. The Court of Civil Appeals affirmed the judgment. 74 S.W.(2d) 425, 426. The borrower, Robertson, made application through the Braniff Investment Company for a loan of $3,500 for ten years to be repaid in such manner as the lender might direct. No rate of interest is…