Allen v. Newton

This is a suit to recover the sum of $80 on the ground that a usurious charge of that amount had been made on a loan obtained through Gr. W. Newton, now deceased, the action being against the devisees under the will of said Newton.

On February 11, 1921, plaintiff Owen Allen applied to Gr. W. Newton who was a loan broker at Marshall, Mo., for a loan of $800 on his farm in Saline County, the proceeds to be used in paying off an existing mortgage of a lesser amount against the land. On the date of the application for the loan the notes and deed of trust securing the same were prepared and…