Hatcher v. Union Trust Co. of Maryland

Olsen, C.

The action is brought to have the court set aside and cancel a trust deed and the notes secured thereby on the ground that the deed and notes provide for the payment of interest in excess of the rate permitted by the laws of this state and are therefore usurious and void. The trial court found that .the deed and notes were not usurious and denied plaintiffs any relief on that ground. The court did find that certain notes, designated as second series notes, should be canceled on other grounds. Motions for amended and additional findings Avere made by each of the parties and denied.…