Mid-States Homes, Inc. v. Sullivan

CLAYTON, Justice.

Appellee, Barbara Sullivan, filed suit against appellant, Mid-State Homes, Inc., seeking recovery for usury penalties and attorney’s fees. In a non-jury trial, based upon stipulation of facts, the court entered judgment for appellee from which this appeal has been perfected.

The written stipulation shows that' the parties entered into a sales contract or contract for deed whereby appellant agreed to sell appellee a tract of real property and the house located thereon. The sale contract provides for the consideration to be as follows:

1. Cash price $4,350.00

2. Cash down payment…