Dickey v. Brown

i. usury: toagent.lons The mortgage was executed in 1875, to secure four promissory notes for one thousand dollars each, with ten per cent interest from date. The defendant, Brown, applied to John Furguson, of Charles City, Iowa, to negotiate for him a loan of four thousand dollars and agreed to pay him for so doing a commission of seven and one-half per cent. Furguson forwarded Brown’s proposition to Holland, Furguson & Co., of Rockford, Illinois, who, as agents of the plaintiff’s, furnished the money and made the loans. They retained two hundred dollars as their commission, and forwarded…