Maynard v. England

Robert and Irene Maynard commenced this action alleging that they had been defrauded in the purchase of the corporate stock of Mabel’s Tavern, Inc. The Ravettis counterclaimed on a negotiable note and mortgage given by the plaintiffs Maynard in the transaction. The plaintiffs subsequently alleged that the note and mortgage were usurious under the provisions of RCW 19.52. Prior to trial, a default judgment was granted as to one defendant and dismissals and covenants not to sue were obtained as to all other defendants except Mabel’s Tavern, Inc. The matter proceeded to trial only upon the…